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8 E 13th St
8 E 13th St Property Highlights
*Est.: $15,351/mo Get pre-qualified- MLS# : A12062666
- Listing Type : Commercial
- Year Built : 1962
- Property Type : Hotel/Motel
- Status : Active
- Total Area : 7115 sqft ($436/sqft)
- Days on Market : 14
Property Details
Strategically located on Palm Avenue, the 23-room motel presents significant income growth potential through guest room renovations and optimized pricing strategies. The motel is under performing which provides a great opportunity for investor to get a good deal. Hialeah is one of the most sought out neighborhoods for investors due to the high turnover rates. Zoned C-2-liberal can provide a possibility of building a multifamily, located directly behind the newly built Palm Avenue Lofts with rents at $1,800+ for a 1/1 (500 sqft).
General Information
- Cooling: Wall/Window Unit(s)
- Security: Security Fence
- Heating: Wall Furnace
- Total Building Sqft: 7115
Listing Courtesy of Mary Arbelaez The Canero Group.
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