22120 is amulti-family property for lease in Hallandale, FL.
Well maintained, 15+ unit multifamily property located in the beautiful city of Hallandale Beach, FL. With a 10.33% cash-on-cash return, this property is located in the prime area of Hallandale Beach, FL. The 15+ unit, 2 story building has been fully renovated. The property features 12,000 square feet situated on an 18,700 square feet lot. The property boasts 100% occupancy, excellent unit mix and strong tenants.
Units feature updated kitchens and bathrooms and newly finished tiling throughout. The property features lush landscaping and a courtyard adding a nice charm to the property. Income to the new owner is increased by revenue from the Washers and Dryers on the premises.
Hallandale Beach is a highly sought after destination by both local and foreign residents and is one of the best rental markets in South Florida. The property is in a prime location centrally located minutes from I-95 and Aventura Mall. With US-1 and beautiful beaches barely a few minutes, tenants will always plenty of recreational activities to choose from making this property even more desirable. (Br. # 22120)
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