Seller offering seller financing! Zoned C2 (mixed-use commercial).

Florida, Hollywood

$1,849,000 / AED6,790,305

Location: Florida, Hollywood Plot size & built up area: Sqft Property Availability Status :
Seller offering seller financing! Zoned C2 (mixed-use commercial), the property can be turned into a hotel, medical center, or develop a 10 story building. This apartment complex is located on a huge 20,953 sq ft lot. It is 1 block west of Federal Highway. Most tenants are month to month but have been renters for up to 9 years. All units have updated kitchens and most units have impact glass. Units 5 & 6 have just been totally remodeled. 13 units total with 13 parking spots. Units consist of (8)-efficiencies, (4)-one bedroom, (1)- 2/2. Projected Gross income = $177,540, expenses = $36,395. Net income = $141,145. CAP 7.84%. Please see attachments. DO NOT APPROACH TENANTS!
General Description
Web Reference: RO-RETSCLS-MX-40577801
Ref/MLS No: A10735232
Country: United States
State: Florida
City: Hollywood
Latitude: 26.02096
Longitude: -80.143934
Exclusive: No
Property Type: Commercial
Commercial Property Type: Apartments/Condos
Furnished: No
Tenanted: No
No. of Bathrooms:
Attributes
Lot/Plot Size SqF: 20953.00
Lot/Plot Size SqM: 1946.22