Rare 14-Unit building in the heart of Hollywood. Well-maintained. Modern updated recently including cabinetry, stainless steel appliances, granite or quartz counter tops, modern ceramic tile. Units include central HVAC units & electric hot water tanks. All units feature impact windows & new impact doors. The 1br/1ba units are large and can potentially be converted to add another room or den! Seller Financing Available! 100% occupied! 13 large 1/1 units & 1 large 2/1 unit. Building has security camera system & coin laundry facility. Property has high elevation & ample parking at 2 spaces per unit. All annual leases. Excellent income producing property in Hollywood east of US1 near Hollywood Beach Golf Club, close to to restaurants, shopping, beaches, minutes to Fort Lauderdale Airport. All units are annual leases. Market rents for the 1br/1ba units are $2,100-$2,200. New tenants leasing in the $2,100-$2,200 range. Asking current cap rate is ~6.40%. Excellent very well-maintained and modern renovated building. 13 of 14 units updated. The unit that is not updated is in very good shape with a very long term tenant who helps watch over the building. Seller raising rents to $2,100-$2,200 for each 1/1 unit as leases expire. Pro forma gross income is $378,600+ for 2024+ and current/actual EGI is $365,400 with a NOI of $294,454. Room to add pool in the courtyard area. Seller negotiable.
10,529 Sq Ft
0.29 Đất riêng Kích thước lô
thương mại
39.337 US$ Thuế hàng năm
Được tích hợp sẵn 1965
MLS/Mã danh sách R11013720
2 Câu chuyện
14 Căn hộ
Thành phần
Hiệp hội - Truy cập bãi biển
Lot - Central Business District
Lot - City Lot
Lot - On Golf Course
Gạch men
Làm mát - Hệ thống điều hòa trung tâm
Construction - Block
Construction - Concrete
TỔNG CHI PHÍ HÀNG THÁNG
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