423 Units Hialeah, FL 33013
- Apartment buildings
Current Use by Public Records
- Apartment buildings
Property Details for 423 Units
- Year built
- 2021
- Property type
- Apartment buildings
- Property subtype
- Small apartment buildings
Description
This exceptional 2021-built, three-story apartment building in Hialeah, Florida, presents a compelling investment opportunity. Located at 423 E 27th St, this nine-unit property boasts a desirable mix of unit configurations. Five units offer two bedrooms and two bathrooms, while the remaining four units feature two bedrooms plus a den, easily convertible into a third bedroom. All nine units are equipped with in-unit washer and dryer sets and feature high-quality porcelain flooring throughout. The property's low maintenance costs are a significant advantage, with alarm cameras, lawn care, and trash removal averaging less than $70 per unit monthly. This represents a substantial cost savings for the owner. The building's strong rental income potential is further enhanced by its prime location in Miami-Dade County, Florida, within the vibrant city of Hialeah, zip code 33013. The asking price for this turnkey investment is $3,999,000. This property is ideal for investors seeking a stable, high-performing asset with significant upside potential. The building's modern construction and desirable features ensure strong tenant demand and long-term value appreciation.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Hialeah
- County
- Miami-Dade
- State
- Florida
- Longitude
- -80.2738
- Latitude
- 25.847
