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 | |
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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 | |
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Lot/Plot Size SqF: | 20953.00 |
Lot/Plot Size SqM: | 1946.22 |