465 E 30th St - Apartments FOR SALE


Hialeah, FL 33013- Hialeah Acres
$4,950,000 USD
754-736-0335
465 E 30th St, Hialeah, FL for Sale
$4,950,000 USD
Apartments - FOR SALE
1/15
null | Request Cap Rate

465 E 30th St
Hialeah, FL 33013
Hialeah Acres


HIGHLIGHTS

  • 32 on-site parking spaces
  • Unit mix includes 8 two-bedroom/one-bath units and 14 one-bedroom/one-bath units
  • Strong value-add opportunity with current rents below market

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$4,950,000 USD

PRICE/SF

$400 USD /SF

# OF UNITS

22

PRICE/UNIT

$225,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1968

PARKING SPACES

32

LAND DETAILS

LAND ACRES

0.38 AC

LAND SF

16,562 SF

ZONING

R-3, Hialeah

APN/PARCEL ID

04-3108-001-5400

ASK ABOUT THIS PROPERTY

Andres VillarealTrustpoint Realty, LLC.More Info
754-736-0335

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Andres VillarealTrustpoint Realty, LLC.More Info
754-736-0335

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.