Hialeah, Florida, is an attractive destination for investors seeking Multi-Family Properties For Sale. With a population of approximately 220,000, Hialeah offers a diverse range of investment opportunities in the multi-family sector. Multi-Family Properties in Hialeah can represent a variety of investments, from apartments and condominiums to townhouses and duplexes. These properties often provide a steady income stream and can appreciate in value over time. Hialeah's strong infrastructure, including the Miami-Dade College Hialeah Campus, the Hialeah Dental Clinic operated by the University of Florida College of Dentistry, and various public parks, makes it an attractive location for residents and investors alike. The city's proximity to major transportation hubs, such as Interstate 75 and State Road 826, also enhances its appeal. Additionally, Hialeah is home to several notable companies, including Telemundo, a major Spanish-language TV network, and various national retailers. The city's unique blend of cultural attractions, educational institutions, and commercial centers makes it an excellent place for business and travel.
Hialeah's Multi-Family Properties For Sale offer a range of benefits, including a strong demand for housing and a growing population. With 1 available listings, investors have a wide range of options to choose from. The average price per square foot for Multi-Family Properties in Hialeah is $369 USD, with an average size of 13,696 square feet. The largest property available is 37,476 square feet, offering ample opportunities for investors. In addition to Multi-Family Properties, Hialeah also offers Retail Space, Shopping Centers, Residential Income Homes, and Office Properties For Sale. Retail Space in Hialeah is ideal for businesses seeking to capitalize on the city's strong commercial center, while Shopping Centers offer a mix of national retailers and mom-and-pop stores. Residential Income Homes provide a steady income stream, and Office Properties are perfect for businesses seeking to establish a presence in the city. Overall, Hialeah's diverse range of properties and strong infrastructure make it an attractive destination for investors.
What is the average cap rate for multi-family properties in the Hialeah market?
When it comes to multi-family properties in Hialeah, investors can expect an average cap rate of 5.25%, which is a key metric to consider when evaluating the potential return on investment. For a deeper understanding of this important concept, be sure to check out our article on what is a cap rate, which provides valuable insights into this crucial aspect of commercial real estate investing.
What should I know about financing options for buying an apartment building in Hialeah?
When considering financing options for buying an apartment building in Hialeah, it's essential to understand the various commercial real estate loans (CRE loans) available, as outlined in our article at CRE loans, which can help you navigate the process.
- With 1 available listings of multi-family properties in Hialeah, you'll want to explore financing options that cater to your specific needs, such as fixed-rate loans, adjustable-rate loans, or government-backed loans like FHA or Fannie Mae loans.
- Additionally, you should consider factors like the average price per square foot of $$369 USD, average size of 13,696 square feet, and average cap rate of 5.25%, which can impact your financing decisions.
