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 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!
Features & Amenities
Property Highlights
View
- Garden
Cooling
- Central Air
- Electric
Heating
- Central
- Electric
Electric
- Circuit Breakers
Flooring
- Tile
Amenities
- Laundry
- Management
- Parking
- Other
Appliances
- Electric Range
- Microwave
- Refrigerator
- Electric Water Heater
Possession
- Negotiable
Dining Area
- DiningLiving Room
Pets Allowed
- Pet Restrictions Possible
Water Access
- Other
Listing Terms
- Cash
ParkingFeatures
- Assigned
- Deeded
- Guest
Pets Allowed YN
- Yes
Tax Information
- CityCounty
Window Features
- Blinds
Association Type
- Condominium
Parking Features
- Assigned
- Deeded
- Guest
SecurityFeatures
- Smoke Detector(s)
- Other
Security Features
- Smoke Detector(s)
- Other
Master BedroomBath
- Bedroom On Entry Level
Property Condition
- Resale
- UpdatedRemodeled
WaterfrontFeatures
- Other
- Lake
Special Information
- Sold As-Is
Waterfront Features
- Lake
AssociationAmenities
- Maintenance
- Laundry
- Management
- Parking
- Other
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
- Insurance
- Maintenance Grounds
- Maintenance Structure
- Recreation Facility
- Reserve Funds
- Roof Repairs
- Sewer
- Trash
Leasing Permitted Details
- Okay To Lease
Specifications
Property Details
Location