Year Build: 1967
Building Size: 7,664 SqFt.
No of Stories: 1
Total Lot Area: 0.00 Acre
No of Parking: 0
No of Total Units: 16
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: 95%
Full Description
Capital Commercial Real Estate Group, Inc is proud to exclusively present 1826 Sherman Street, in Hollywood, Florida. This beautiful building located in the heart of Hollywood, Florida has a total of sixteen units, two - two bedroom one bathroom, five - one bedroom one bathrooms and nine efficiencies with approximately 7,664 square feet of rentable space. It sits on a 19,459 square foot lot. All units are tiled. Some Kitchens were upgraded recently, and most of the bathrooms are remodeled. The property amenities include patio area, laundry room and a lush landscaping throughout. Electricity is directly metered and paid by the tenants. The owner pays for common area electricity, water, sewer, landscaping and trash.
Hollywood, Florida has a powerful demand for both local and international investors alike. It's a short walking distance to the beaches, restaurants and local shopping, coupled with an all time high occupancy rate, makes this property a very profitable investment. Hollywood Sherman Apartments offers an investor a rare opportunity to acquire a fully stabilized property that has undergone extensive renovations while maintaining 95% occupancy and being primly located in an excellent Hollywood location that provides excellent access to: jobs, stores, shopping, transportation, beach, major highways. This is a rare opportunity to acquire a true landmark building in an AAA location that continues to improve. Known to be one of the strongest rental markets in Broward County, this long term investment would yield a reasonable return for those seeking to shelter wealth.