21973, Hallandale, FL 33009

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Randy N.

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Building Details:

• Year Built: 1963

21973 is amulti-family property for lease in Hallandale, FL.

Capital Commercial Real Estate Group, Inc. is pleased to offer for sale this renovated 15 unit multifamily apartment building in the heart of Hallandale Beach for $1,600,000. The building was well constructed in 1963 on a 12,965 square foot corner lot. The building is concrete block with a Tar & Gravel roof. The unit mix consist of 6 Efficiencies and 9 one bedrooms fully furnished. The building is a growth investment opportunity, with a 7.4% cap rate. This is a turnkey investment offering historically low vacancy rates and is 100% leased. The building just passed the 40 year inspection and has a license to operate as a Motel/Hotel. FOR ADDITIONAL INFORMATION CONTACT ARIE YAKER AT 786-877-3620.

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