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465 E 30th St 22 Unit Apartment Building $4,950,000 ($225,000/Unit) Hialeah, FL 33013
Investment Highlights
- 32 on-site parking spaces
- Strong value-add opportunity with current rents below market
- Unit mix includes 8 two-bedroom/one-bath units and 14 one-bedroom/one-bath units
Executive Summary
TrustPoint Realty is pleased to present 465 E 30th Street in Hialeah, a 22-unit multifamily investment opportunity offering significant value-add potential. The property consists of 14 one-bedroom/one-bath units and 8 two-bedroom/one-bath units.
All units are currently leased on a month-to-month basis, providing a new owner with flexibility to reposition rents over time. Current rents are below market, creating an opportunity to increase income and improve overall property performance.
The property contains approximately 12,197 SF of building area on a 16,440 SF lot and offers 32 on-site parking spaces. The roof was replaced in 2018.
Located in the heart of Hialeah, the property benefits from strong rental demand and convenient access to major roadways, employment centers, retail, and surrounding amenities. This is an excellent opportunity for an investor seeking a stabilized multifamily asset with meaningful upside through rent growth and continued property improvements.
All units are currently leased on a month-to-month basis, providing a new owner with flexibility to reposition rents over time. Current rents are below market, creating an opportunity to increase income and improve overall property performance.
The property contains approximately 12,197 SF of building area on a 16,440 SF lot and offers 32 on-site parking spaces. The roof was replaced in 2018.
Located in the heart of Hialeah, the property benefits from strong rental demand and convenient access to major roadways, employment centers, retail, and surrounding amenities. This is an excellent opportunity for an investor seeking a stabilized multifamily asset with meaningful upside through rent growth and continued property improvements.
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- Offering Memorandum
Property Facts
| Price | $4,950,000 | Building Class | C |
| Price Per Unit | $225,000 | Lot Size | 0.38 AC |
| Sale Type | Investment | Building Size | 12,372 SF |
| No. Units | 22 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1968 |
| Property Subtype | Apartment | Parking Ratio | 1.14/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | R-3, Hialeah | ||
| Price | $4,950,000 |
| Price Per Unit | $225,000 |
| Sale Type | Investment |
| No. Units | 22 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.38 AC |
| Building Size | 12,372 SF |
| No. Stories | 2 |
| Year Built | 1968 |
| Parking Ratio | 1.14/1,000 SF |
| Zoning | R-3, Hialeah |
Amenities
Unit Amenities
- Heating
- Kitchen
- Oven
- Range
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 22 | - | - |
1 1
Moderately walkable
70/100
Moderately drivable
60/100
Some public transit
50/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 04-3108-001-5400 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $2,533,331 |
Property Taxes
Parcel Number
04-3108-001-5400
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$2,533,331
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