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Multifamily

Walker Park Apartments

775 W 29th St, Hialeah, FL 33012

Listing Price: $1,850,000

Cap Rate
5.77%
Number of Units
8
GRM
9.69
Occupancy
96.0%
Price/Unit
$231,250
Price/Gross SF
$357.70
Gross SF
5,172

Investment Overview

Marcus & Millichap is pleased to present Walker Park Apartments, an eight-unit multifamily property located at 775 W 29th Street in Hialeah, Florida. Built in 1968, the property totals 5,172 gross square feet and is situated on a 0.14-acre lot in one of Miami-Dade County’s strongest rental submarkets.

The unit mix consists of eight (8) one-bedroom/one-bathroom apartments, each averaging approximately 560 square feet. Property features include a pitched composite shingle roof, ten on-site parking spaces, and a straightforward design that caters to workforce housing demand.

Situated in central Hialeah, Walker Park Apartments benefits from excellent connectivity to major transportation arteries including the Palmetto Expressway (SR-826) and Okeechobee Road (US-27). The property is within minutes of major employment drivers such as Hialeah Hospital, Miami International Airport, and the industrial corridors that define the area as one of South Florida’s strongest blue-collar employment hubs.

With its strong location, durable construction, and consistent demand for workforce housing, Walker Park Apartments represents an attractive opportunity for investors seeking reliable cash flow and long-term value in a supply-constrained submarket.

Investment Highlights

  • 1968 Concrete Block Construction
  • Easy Access To Palmetto Expressway (SR-826) And Okeechobee Road (US-27)
  • Ten On-Site Parking Spaces
  • Legacy Asset Being Offered For Sale For The First Time In Over 40 Years
  • Located In The Highly Soughtafter Hialeah Rental Market

Exclusively Listed By

Financing By

Multifamily

Walker Park Apartments

Listing Price: $1,850,000

Cap Rate
5.77%
Number of Units
8
GRM
9.69
Occupancy
96.0%
Price/Unit
$231,250
Price/Gross SF
$357.70
Gross SF
5,172

Investment Highlights

  • 1968 Concrete Block Construction
  • Easy Access To Palmetto Expressway (SR-826) And Okeechobee Road (US-27)
  • Ten On-Site Parking Spaces
  • Legacy Asset Being Offered For Sale For The First Time In Over 40 Years
  • Located In The Highly Soughtafter Hialeah Rental Market

Investment Overview

Marcus & Millichap is pleased to present Walker Park Apartments, an eight-unit multifamily property located at 775 W 29th Street in Hialeah, Florida. Built in 1968, the property totals 5,172 gross square feet and is situated on a 0.14-acre lot in one of Miami-Dade County’s strongest rental submarkets. The unit mix consists of eight (8) one-bedroom/one-bathroom apartments, each averaging approximately 560 square feet. Property features include a pitched composite shingle roof, ten on-site parking spaces, and a straightforward design that caters to workforce housing demand. Situated in central Hialeah, Walker Park Apartments benefits from excellent connectivity to major transportation arteries including the Palmetto Expressway (SR-826) and Okeechobee Road (US-27). The property is within minutes of major employment drivers such as Hialeah Hospital, Miami International Airport, and the industrial corridors that define the area as one of South Florida’s strongest blue-collar employment hubs. With its strong location, durable construction, and consistent demand for workforce housing, Walker Park Apartments represents an attractive opportunity for investors seeking reliable cash flow and long-term value in a supply-constrained submarket.

Exclusively Listed By

Financing By

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