8849 119Th St Hialeah, FL 33018

This exceptional investment opportunity presents a 19-unit apartment building located at 8849 NW 119th St #101, Hialeah Gardens, Florida, 33018. The property, built in 1999, boasts a total of 26,385 square feet across three stories in a single building. Each of the 19 units features two bedrooms and includes a washer and dryer. All units are equipped with impact windows and hurricane doors, providing enhanced security and protection. Individual water and electric meters are installed for efficient utility management. The complex is gated, offering residents added peace of mind. The roof was recently replaced in 2018, ensuring long-term structural integrity. Currently, all tenant leases are month-to-month, and the existing rental rates are below market value, presenting a significant opportunity to increase revenue. This property is offered at $6,300,000 and provides a compelling investment prospect with potential for substantial returns through rental increases. Detailed financial projections are available upon request. This is a rare opportunity to acquire a well-maintained multifamily property in a desirable location with significant upside potential.