Multifamily
The Kensington Condominium Portfolio (29 out of 258 Condos)
1230 W 54th St, Hialeah, FL 33012
Listing Price: $5,800,000
Investment Overview
Marcus & Millichap, as exclusive listing agents, are pleased to offer for sale The Kensington Condominium Portfolio, a portfolio consisting of 29 (out of 258 total) condominiums located in Hialeah, Florida.
SUBJECT PROPERTY
This offering includes 29 condominiums out of 258 units (11.2% ownership) within The Kensington Condominiums. Kensington Condominiums were built between 1969-1971 and consist of (3) three-story buildings on a 6.6-acre lot, according to the Miami Dade County Property Appraiser. The buildings feature concrete-block and stucco exterior walls with flat roofs and central air conditioning. The 29 units being offered for sale in this portfolio total 19,026 square-feet with (26) one-bedroom | one-bathrooms measuring 583 square feet at an average in-place rent of $1,733 per month and (3) two-bedroom | two-bathrooms measuring 915 square feet at an average in-place rent of $1,950 per month. Typical units have not been recently updated and feature ceramic tile flooring, white appliances, electric or gas stoves and individual hot water heaters. Community amenities include secure gated access, laundry facilities, large courtyards, and ample parking for residents and guests.
LOCATION
The Kensington Condominium Portfolio is located at 1230-1330 West 54th Street in Hialeah, Florida, a few minutes east of the Palmetto Expressway (826) and north of West 49th Street. Nearby points of interest include Sparks Park (0.4 miles), Bank United (0.6 miles), Westland Mall (0.6 miles), Pet Supermarket (0.7 miles), Publix Supermarket at Hialeah Mercado (0.8 miles), CVS Pharmacy (0.8 miles), Westland Commons (0.9 miles), Home Depot (0.9 miles), Aldi (1.0 miles) and McDonald Water Park (1.5 miles). Additionally, just a short drive from the property is Amelia Earhart Park (2.9 miles), Hialeah Park Casino (3.7 miles), Miami-Opa Locka Executive Airport (4.8 miles) and Miami International Airport (7.0 miles).
Nearby educational facilities include Palm Springs Middle School (0.4 miles), M.A. Milam K-8 Center (0.8 miles), Miami Dade College Hialeah Campus (1.3 miles), Hialeah-Miami Lakes Senior High School (1.9 miles) and Hialeah Senior High School (2.8 miles).
SUMMARY
The Kensington Condominium Portfolio is being offered for sale at $5,800,000 or $200,000 per unit.
The Kensington Condominium Portfolio (29 out of 258 Condos)
Investment Highlights
- Portfolio of 29 Condominiums out of 258 total (11% Ownership) in Hialeah Gardens
- Unit Mix Consists of (26) 1 Bedrooms and (3) 2 Bedrooms
- Unit Features Include Tile Flooring, Central A/C and Electric or Gas Stoves
- Amenities Include Security Gate, Pool, Large Courtyards, Ample Parking
- Proximate to Numerous School, Palmetto Expressway, Westland Mall, Publix Supermarket, Sparks Park, Westland Commons, Amelia Earhart Park, Goodlet Park
Exclusively Listed By
Multifamily
The Kensington Condominium Portfolio (29 out of 258 Condos)
Listing Price: $5,800,000
Investment Highlights
- Portfolio of 29 Condominiums out of 258 total (11% Ownership) in Hialeah Gardens
- Unit Mix Consists of (26) 1 Bedrooms and (3) 2 Bedrooms
- Unit Features Include Tile Flooring, Central A/C and Electric or Gas Stoves
- Amenities Include Security Gate, Pool, Large Courtyards, Ample Parking
- Proximate to Numerous School, Palmetto Expressway, Westland Mall, Publix Supermarket, Sparks Park, Westland Commons, Amelia Earhart Park, Goodlet Park
Investment Overview
Marcus & Millichap, as exclusive listing agents, are pleased to offer for sale The Kensington Condominium Portfolio, a portfolio consisting of 29 (out of 258 total) condominiums located in Hialeah, Florida. SUBJECT PROPERTY This offering includes 29 condominiums out of 258 units (11.2% ownership) within The Kensington Condominiums. Kensington Condominiums were built between 1969-1971 and consist of (3) three-story buildings on a 6.6-acre lot, according to the Miami Dade County Property Appraiser. The buildings feature concrete-block and stucco exterior walls with flat roofs and central air conditioning. The 29 units being offered for sale in this portfolio total 19,026 square-feet with (26) one-bedroom | one-bathrooms measuring 583 square feet at an average in-place rent of $1,733 per month and (3) two-bedroom | two-bathrooms measuring 915 square feet at an average in-place rent of $1,950 per month. Typical units have not been recently updated and feature ceramic tile flooring, white appliances, electric or gas stoves and individual hot water heaters. Community amenities include secure gated access, laundry facilities, large courtyards, and ample parking for residents and guests. LOCATION The Kensington Condominium Portfolio is located at 1230-1330 West 54th Street in Hialeah, Florida, a few minutes east of the Palmetto Expressway (826) and north of West 49th Street. Nearby points of interest include Sparks Park (0.4 miles), Bank United (0.6 miles), Westland Mall (0.6 miles), Pet Supermarket (0.7 miles), Publix Supermarket at Hialeah Mercado (0.8 miles), CVS Pharmacy (0.8 miles), Westland Commons (0.9 miles), Home Depot (0.9 miles), Aldi (1.0 miles) and McDonald Water Park (1.5 miles). Additionally, just a short drive from the property is Amelia Earhart Park (2.9 miles), Hialeah Park Casino (3.7 miles), Miami-Opa Locka Executive Airport (4.8 miles) and Miami International Airport (7.0 miles). Nearby educational facilities include Palm Springs Middle School (0.4 miles), M.A. Milam K-8 Center (0.8 miles), Miami Dade College Hialeah Campus (1.3 miles), Hialeah-Miami Lakes Senior High School (1.9 miles) and Hialeah Senior High School (2.8 miles). SUMMARY The Kensington Condominium Portfolio is being offered for sale at $5,800,000 or $200,000 per unit.
Exclusively Listed By
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