The Story

1900 West 54th Street 220

Hialeah, FL 33012 · Condo

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 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. …


Facts & Features

Property Info

Price
$260,000
Completion Year
1,975
Living Space
1,006 sq ft
Floors
4
Bedrooms
2
Bathrooms
2

Features & Amenities

Pool

Yes

Cooling

Central Air, Electric

Heating

Central, Electric

Appliances

Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer

Flooring

Tile

Exterior

Storm Security Shutters

Tell us where you are in your search

Interested in this, or something like it?

Yes, this is it

Share your contact information and a local real estate professional will contact you by phone, text, or email to help with your search.

Step 1 of 4

Not quite. Help me find the right one

Talk it through, or type it out. e.g. "4 bedrooms, walking distance to good schools, somewhere quiet near Hialeah, under $2.4M."

By continuing you agree to receive messages from Skoop. Privacy Policy and Terms.

Listing Broker

Compass Florida, LLC

Broker Name

Compass Florida, LLC

Agent

Nancy Sanabria

Location

Coral Gables FL 33143