About This Property
Residential in Hialeah
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 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 and 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!
Features & Amenities
Property Highlights
View
- Other
Cooling
- Central Air
- Electric
Heating
- Central
- Electric
Electric
- Circuit Breakers
Flooring
- Tile
Amenities
- Elevator(s)
- Fitness Center
- Management
- Parking
- Pool
Appliances
- Dryer
- Electric Range
- Ice Maker
- Microwave
- Refrigerator
- Washer
- Electric Water Heater
Possession
- Negotiable
Dining Area
- DiningLiving Room
Pets Allowed
- Pet Restrictions Possible
Listing Terms
- Cash
ParkingFeatures
- Assigned
- Deeded
- Garage Door Opener
- Guest
Pets Allowed YN
- Yes
Tax Information
- CityCounty
Association Type
- Condominium
InteriorFeatures
- Closet Cabinetry
- Entrance Foyer
- Walk-In Closet(s)
Parking Features
- Assigned
- Deeded
- Garage Door Opener
- Guest
SecurityFeatures
- Secured Garage/Parking
- Security Fence
- Smoke Detector(s)
Interior Features
- Closet Cabinetry
- Entrance Foyer
- Walk-In Closet(s)
Security Features
- Secured GarageParking
- Security Fence
- Smoke Detector(s)
Master BedroomBath
- Separate Tub
Property Condition
- Resale
- UpdatedRemodeled
Special Information
- Sold As-Is
AssociationAmenities
- Maintenance
- Pool
- Elevator(s)
- Fitness Center
- Management
- Parking
Showing Requirements
- Appointment Only
- Call Listing Agent
Water Heater Details
- Electric Water Heater
Association Amenities
- Maintenance
Construction Materials
- Block
Application Information
- Association Approval Required
Association Fee Includes
- Common Areas
- Elevator
- Insurance
- Maintenance Grounds
- Maintenance Structure
- Pool Service
- Reserve Funds
- Roof Repairs
- Sewer
- Trash
- Water
Leasing Permitted Details
- Okay To Lease
Specifications
Property Details
Location