6305 W 22nd Ct 14 Unit Apartment Building $4,340,000 ($310,000/Unit) 5% Cap Rate Hialeah, FL 33016

This well-maintained 14-unit multifamily property offers investors an opportunity to acquire a substantial rental asset in the highly desirable Hialeah/Miami Lakes submarket.
The property features an attractive unit mix consisting of ten spacious two-bedroom, one-and-a-half-bathroom residences and four three-bedroom, two-bathroom residences. Each unit is separately metered for electricity, while water service is provided through a common meter. The property’s large floor plans and practical bedroom configurations position it well within a market that continues to experience strong demand for affordable rental housing.
The property is within walking distance of Bucky Dent Park, a major recreational destination featuring a public swimming pool, water park, skate park, baseball fields, and additional community amenities. It is also conveniently located near Westland Mall, an established retail destination that is planned for significant mixed-use redevelopment, which may further enhance the surrounding area and contribute to its long-term growth.
Strategically positioned near the Palmetto Expressway (SR 826), I-75, Okeechobee Road (US 27), and the Florida Turnpike, the property provides convenient access to employment centers throughout Miami-Dade County. Its proximity to Medley and the surrounding industrial and commercial corridors further supports demand from the area’s growing workforce.
The Hialeah/Miami Lakes submarket is a predominantly residential area supported by established retail, commercial, and light-industrial corridors. Historically lower housing costs compared with many other Miami-area submarkets, limited rental vacancies, strong regional rent levels, and the continued affordability gap between renting and homeownership make this property a compelling long-term investment opportunity.