HIALEAH 8-UNIT MULTI-FAMILY...Eduardo Azofra, Realtor Fortune International Realty Mobile: 305-775-1558 [email protected] 2401 Douglas Road, Miami, FL 33145 Office: 305-446-2292

Eduardo Azofra, Realtor Fortune International Realty Mobile: 305-775-1558

[email protected] 2401 Douglas Road, Miami, FL 33145 Office: 305-446-2292

HIALEAH 8-UNIT MULTI-FAMILY

INVESTOR OPPORTUNITY

1145 W 71st Street, Hialeah, Florida 33014-4643

Exclusively Listed with Eduardo Azofra, Realtor – Fortune Commercial Division

mailto:[email protected]



CONFIDENTIALILTY OF THIS REPORT

This is a confidential report on the subject property. This report is intended for the sole use of a prospective

buyer and for determining if further interest in the subject property is deemed.

The confidential report contains brief information about the property offered for sale. It is subject to

changes that can appear at any time, and will replace all previously reported information. This report

contains estimates, projections, and information about the property, and the members, directors, executives,

managers, and employees related to the property or to Fortune International Realty do not assume any

responsibility for the information contained in this report, for the accuracy, and its effects, to notify any

changes on the information or this report, or for any decisions based on the information contained herein.

All data on the property is provided for information purposes. Fortune International Realty encourages

recipients of this report to thoroughly review and independently verify to recipient’s own satisfaction that

the data provided are substantially representative of the property and can be realized upon when

considering any interest of said property. Recipient of this report acknowledges that he has been advised to

seek independent counsel of an attorney and/or accountant to verify the information on the property and

examine any and all applicable documentation relative to the transaction.

The information contained in this report is confidential. The recipient agrees that he/she will not

disclose any of the contents contained in this report without prior authorization from Fortune

International Realty.




GENERAL DESCRIPTION

GREAT INVESTOR OPPORTUNITY – INCOME PRODUCER

This two story, multi-family building is located in the City of Hialeah, just outside of Miami. The

neighborhood contains the highest concentration of Spanish speakers in the US. This 8-unit property

has easy access to major thoroughfares and highways, including NW 67th Avenue (Ludlam Road), NW

57th Avenue (Red Road), the Palmetto Expressway (Florida State Highway 826) and I-75.

Common areas are well-maintained, as are the apartment interiors. The building offers plenty of

private parking for tenants, good access to public transportation, nearby grocery stores, restaurants,

and shops.




1145 W 71st Street, HIALEAH, FLORIDA

MULTI-FAMILY BUILDING INVESTOR OPPORTUNITY

PROPERTY TYPE Multi-family, Apartments

DESCRIPTION This lake-front, multi-family building is located in the

City of Hialeah. Concrete block construction. Eight

units. All units have A/C and hurricane shutters. The

building is well maintained and has security cameras.

BUILDING SQUARE FOOTAGE 6,854 SF

LAND SIZE 9,150 SF

NUMBER OF UNITS 8

UNIT BREAKDOWN Three units, 3 bedrooms, 2 baths – 1,050 SF (2nd floor)

Five units, 1 bedroom, 1 bath – 540 SF

PRICE PER BUILDING SF $189.67

PRICE PER GROSS LAND SF $142.08

PRICE PER UNIT $162,500.00

NUMBER OF STORIES 2

YEAR BUILT 1972

ZONING COMMERCIAL

NUMBER OF TENANTS 8 (100% Occupied)

GROSS ANNUAL INCOME $112,020.00

ASKING PRICE $1.4 Million

Exclusively Listed with Eduardo Azofra, Fortune International Realty










The property is less than one block from Ludlam Road (NW 67th Avenue). There is easy access to Florida State

Highway 826 (Palmetto Expressway) and Interstate-75.

CONVENIENT TO PUBLIC TRANSPORTATION, AIRPORT, AND HOSPITAL

There is a Miami-Dade Transit bus stop less than a block away from the building. The Hialeah Metrorail Station is

just ½ mile away, a 10 minute walk. The Okeechobee Metrorail Station is just 1.5 miles away. The Tri-Rail/Metro-

Rail Transfer Station is just 2 miles away.

Miami International Airport is 8.8 miles away, a 24 minute drive. Fort Lauderdale International Airport is 33.4 miles

away, a 45 minute drive.

Palmetto General Hospital is just 1.8 miles away. Palmetto General Hospital cares for 130,000 patients each year

and offers a broad range of health care services, including 24-hour emergency services, designated pediatric ER,

cardiology, acute care for the elderly, imaging and laboratory services, and so on.




SCHOOLS

Miami-Dade Public Schools assigned to the neighborhood are:

Twin Lakes Elementary

Palms Springs Middle School

Hialeah-Miami Lakes Senior High School

Other nearby school include:

Mater Academy Elementary Charter School

Jose Marti MAST 6-12 Academy

Immaculate Conception Catholic School

Faith Lutheran School

Miami-Dade College Hialeah Campus is also less than 3 miles away from the property.




GROCERY STORES

Publix Super Market at Hialeah Plaza Publix Super Market at Paraiso Plaza 1290 W 68th Street 3339 W 80th Street Winn Dixie Fresh Market 15450 NW 77th Court 3580 NW 83rd Avenue Milam’s Market Fresco y Mas 80 Curtiss Parkway 541 W 49th Street





Documents

HIALEAH 8-UNIT MULTI-FAMILY...Eduardo Azofra, Realtor Fortune International Realty Mobile: 305-775-1558 [email protected] 2401 Douglas Road, Miami, FL 33145 Office: 305-446-2292