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Hialeah Apartments 620 W 29th St 4 Unit Apartment Building $1,695,000 ($423,750/Unit) Hialeah, FL 33012
INVESTMENT HIGHLIGHTS
- New construction in 2020, All new appliances, A/C, and Concrete Roof
- Close proximity to excellent schools, parks, and library's
- Fully leased to great long term tenants
- Walking distance of shops, restaurants, and drug stores
EXECUTIVE SUMMARY
Located in the heart of Hialeah this beautiful apartment complex is an investors dream. Built in 2020 this apartment complex is all block construction, has hurricane impact windows and doors, and a new roof. The apartments are fully leased to excellent long term tenants that have been renting since the apartments were constructed. The units come with all modern appliances, A/C, and stacked washer and dryers.
Located near wide range of activities including a public library, highly rated schools, Hialeah Park and Casino. On top of all the activities in the area it is within walking distance of many shops, drug stores and restaurants making it a prime location for tenants to want to live long term.
Located near wide range of activities including a public library, highly rated schools, Hialeah Park and Casino. On top of all the activities in the area it is within walking distance of many shops, drug stores and restaurants making it a prime location for tenants to want to live long term.
PROPERTY FACTS
| Price | $1,695,000 | Building Class | C |
| Price Per Unit | $423,750 | Lot Size | 0.15 AC |
| Sale Type | Investment | Building Size | 3,436 SF |
| Sale Condition | Ground Lease (Leasehold) | Average Occupancy | 100% |
| No. Units | 4 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 2020 |
| Property Subtype | Apartment | Parking Ratio | 2.62/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | 4500 - Multi Family Dwelling | ||
| Price | $1,695,000 |
| Price Per Unit | $423,750 |
| Sale Type | Investment |
| Sale Condition | Ground Lease (Leasehold) |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.15 AC |
| Building Size | 3,436 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 2020 |
| Parking Ratio | 2.62/1,000 SF |
| Zoning | 4500 - Multi Family Dwelling |
AMENITIES
- Smoke Detector
UNIT AMENITIES
- Air Conditioning
- Cable Ready
- Microwave
- Washer/Dryer
- Heating
- Tile Floors
- Kitchen
- Refrigerator
- Oven
- Stainless Steel Appliances
- Tub/Shower
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 3+2 | 2 | $2,325 | 917 |
| 2+1 | 2 | $1,725 | 801 |
1 1
Walk Score®
Very Walkable (85)
PROPERTY TAXES
| Parcel Number | 04-3012-004-0030 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $878,460 |
PROPERTY TAXES
Parcel Number
04-3012-004-0030
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$878,460
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Presented by
Blue Water RE, LLC
Hialeah Apartments | 620 W 29th St
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