ELITE 4-UNIT CONDO INVESTMENT PACKAGE IN WEST HIALEAH, 4-UNITS SOLD JOINTLY ONLY. Incredible turnkey opportunity for Cash Investors of 4 condo units sold jointly for high-ROI in a high-demand submarket. Perfect for investors seeking a low-maintenance cash cow, this portfolio consists of three 2-bed/2-bath & one 2-bed/1-bath units across three… Read More premier, clustered condominium complexes: Lago Azul (New roof in progress), Westland Eden I & Westland Eden II (MLS: A12018601, A12018600, A12018559, A12018558). Generating an attractive Gross Scheduled Income of $109,200/yr with an outstanding NOI of $77,408, it boasts an incredible 71% operating efficiency with a 7.7% cap rate. Enjoy a unique investor advantage with minimal operational friction, low association fees, reserved parking, and no pending assessments in well-managed, well-funded associations. Capital improvements include maintained HVAC, hot water heaters & electric as well as updated bathrooms & kitchens. The portfolio is highly stabilized with leases extending into 2027. Strategically located in a central commuter hub tailored for the essential workforce, tenants enjoy short commutes via the Palmetto Expressway, and I-75. Moments from Miami International Airport, Miami Dade College, Mount Sinai Medical Center, Westland Mall, Sedanos, Publix, local schools, and the Wilde Community Center & Library. Don't miss this high-yield, turnkey investment! Read Less
Courtesy of Compass Florida, LLC 305-697-2904
Listing Snapshot
Days Online
147
Last Updated
Property Type
Condominium
Beds
2
Full Baths
1
Square Ft.
696
Year Built
1991
MLS Number
A12018601
30 Days Snapshot Of 33016
$312k
0%
(avg) sold price
0
-100%
homes sold
105
0%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
Electric Water Heater, Electric Range, Microwave, Refrigerator
Building
Built in 1991, Living area: 696, Construction materials: Block, Toal building area: 696
Cooling
Central Air, Electric
Floors
Tile
Water Features
Waterfront features: Other, Lake
Heating
Central, Electric
Home Owner's Association
Association fee: $300, Association fee frequency: Monthly, Association fee includes: Recreation Facility, Common Areas, Insurance, Maintenance Grounds, Maintenance Structure, Reserve Funds, Roof Repairs, Sewer, Trash, Association amenities: Maintenance, Laundry, Management, Parking, Other
Parking
Assigned, Deeded, Guest
Pets Policy
Pets allowed: Pet Restrictions Possible, Yes
Property
View: Garden
Security Features
Smoke Detector(s)
Taxes
Annual amount: $2,716
Utilities
Circuit Breakers
Windows
Blinds
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