Description
Location East of US 1, close to Downtown Hollywood and the beach. Great to keep as a turn key set up . Property Producing $62,400/yr gross (rents have room for increase) Current expenses $21,100 but that could be reduced too as insurance seems high Cap rate is approx. 5.33% AS-IS with full asking price.. This location and property ideal for an assisted Living facility or Air B& B to generate a lot more income. Loads of potential zoned multi-family. 9 parking spaces. Quiet well kept neighborhood. All tenants are great and pay on time. This location is in HIGH DEMAND!! Viewing by appointment only . Please call or text Roy for questions and viewings.
