Price : $1,560,000
Listing Type : For Sale
Location : BrowardFlorida

16 unit multifamily property portfolio in the thriving city of Hollywood, FL.  Located in a high demand rental area, this asset has a total of 11,000+/- Sq.Ft. rentable space situated on a total of 34,000+/- Sq. Ft. land. The asset has a desirable unit mix consisting of 10 1/1’s, 4 2/2’s, 1 2/1, and 1 3/1; having available a unit for everyone. The units have been recently renovated featuring updated tile and laminate flooring throughout, and some of the units have beautiful wood cabinets with granite countertops in the kitchen. The savvy investor has the wonderful opportunity of increasing revenue by bringing rents up to market, as many of the tenants are paying below market rents. Hollywood is a highly coveted 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 the Beach, I-95, and Aventura Mall.

Assissi Joseph Nadayil
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