22117, Hollywood, FL 33020

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Randy N.

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Building Details:

22117 is amulti-family property for lease in Hollywood, FL.

Well maintained, 35+ unit multifamily property located in the beautiful city of Hollywood, FL. With a 15.29% cash-on-cash return, this property is located in a strong working class market of Hollywood, FL. Property was built in 1969 and has been fully renovated. The property features 22,700 square feet situated on a 36,900 square feet lot.

The property boasts 100% occupancy, excellent unit mix and long term tenants. Each unit features updated bathrooms and kitchens and newly finished tiling throughout. The property features ample parking space for tenants and guests making vehicle storage a breeze. With many tenants paying below market rents, the savvy investor can increase revenue by bringing rents up to market. Income to the new owner is additionally increased by revenue from the Washers and Dryers on the premises. (Br. # 22117)


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