Offered at a 6.8% Cap Rate – 12 Units in Hollywood, FL. Renovated units, INSIDE & OUT. Fully furnished and fully rented with long-term tenants. 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 $195,800. 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. * This site also offers redevelopment opportunities! *
Commercial Sale For Sale
1858 Dewey St # 12, Hollywood, Florida 33020
- Patricia Calvet
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contact@calvetrealty.com
