USD 2,995,000
Hollywood, Florida 33020
For Sale
Property Description
Offered at a 7.17% Cap Rate - 9 Units in Hollywood, FL. BRAND NEW UNITS INSIDE & OUT. Fully furnished, fully rented with annual leases. All units have AC w/ split systems. Each unit has a flat-screen TV and a fully equipped kitchen with dining space. Wi-Fi + electricity and water are all included in the rent. NOI of $214,800. Detailed financials are available with a fully executed non-disclosure agreement. They are located in an Opportunity Zone. This property has been updated, and tenants are stable – ideal passive income. Tenants are on annual leases - this is not an Airbnb or monthly rental— in impeccable condition from top to bottom. NDA is required for detailed financials, and proof of funds is required for tours.
Listed by East Coast Realty Brokerage LLC
Virtual Tours
Property Details
- ID #
- A11386020
- Status
- Sale
- Type
- Commercial, Industrial, Income/Multi-Family 5+
- Zip Code
- 33020
- Lot Area
- 10,890ft2
- Year Built
- 1964
- Parking Spaces
- 14
- Building Feature
- Security system, Smoke alarms
- Ceiling
- Insulated, Sheet Rock
- Construction
- Concrete Block Construction
- Electric Service
- 110 Volts Power
- Floor
- Ceramic Floor
- Location
- City Location, Corner Unit, In Residential Area
- Occupancy
- Tenant Occupied
- Parking
- Common Parking
- Road Type
- Two Lane
- Roof
- Built-Up Roof
- Security
- Security Lighting
- Type of Building
- Apartments
- Utilities
- Internet
- Zoning Information
- PS-1
