Year Build: 2014
Building Size: 4,698 SqFt.
No of Stories: 2
Total Lot Area: 0.00 Acre
No of Parking: 0
No of Total Units: 10
Property Current Status: Normal Sale
Building Status: Existing
Heating and Cooling: Not Specified
Building Class: Not Specified
Property on Ground Lease?: No
Net Lease Investment?: No
Business Price Included?: No
Roofing: Not Specified
Occupancy: 0%
Full Description
Capital Commercial Real Estate Group, Inc. is proud to present this unique property, located in the heart of Hollywood, consists of three (3) improvements which include a two-story apartment building with eight (8) one bedroom/one bath apartments; a one bedroom/one bath cottage; and a three bedroom/one and a half bath house. The cottage was recently renovated and the 2-story building roof is new with a 15-year warranty. The landlord pays the electric for the 2-story building. This investment offers an investor the opportunity to capture an above-average Cap Rate and ROI in this competitive marketplace.
The subject East Hollywood neighborhood is a stable residential area, located east of Dixie Highway, one block to Route 1 & retail stores and less than a mile walk to beautiful downtown Hollywood.