Listed by Douglas Elliman
$2,100,000
Dewey Street, Hollywood, FL
Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 3,632
Units 12
Cap Rate 7.50%
Pro-Forma Cap Rate 7%
Pro-Forma NOI $147,000
Price per SqFt $578
Broker Co-Op No
Class B
Stories 1
Parking Spaces 11 spaces
Parking Per SqFt 3.03
Ownership Fee Simple
Multi-family opportunity in Hollywood, FL
Marketing description
An excellent opportunity for an investor looking to add this 12 unit (all studios) off market property to their portfolio. Strategically located off Federal Highway and Dewey St in Hollywood. Property is in an Qualified Opportunity Zone.
Significant capital improvement have been made including but not limited to: new roof, split HVAC systems, security system, impact windows, laundry room etc. Please reach out for additional information at [email protected].
Listing Contacts
Listed by Douglas Elliman
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