Price Upon Req.33,268 SF
***Please Do Not Disturb the tenants! Tours are conducted by appointment only. Please contact the listing broker to schedule a tour.***Auction.com, in association with Avison Young, is pleased to offer the opportunity to acquire the Park Cole Apartment Complex. It consist of 26 buildings with 87 rental units with a mix of Studios and One Bedroom Units on approximately 2.41 acres in desirable Hollywood Florida. The units are offered furnished and on a weekly/monthly basis. Tenants sign leases that convert to month-to-month occupancy after initial 7-month term. The complex offers the tenants easy access to downtown Hollywood and I-95 & located within minutes of Hollywood Memorial Hospital.This is a true turnkey operation for an investor. Most major upgrades have been completed including: New Roofs, Hurricane Impact Windows for both security and windstorm protection, New Split System A/C Units and upgraded electrical. The property enjoys full occupancy year round.
Beautiful multi family unit building. Fully leased. Huge units, nicely upgraded and maintained well. Common areas include pool, covered parking, laundry on each floor. Most ideal building for condo conversion. Loan must be assumed.
FULLY RENTED 7 DUPLEXES IN ONE LOT ALL SEPARATED. ONE BEDROOM ONE BATH. WITH ITS ON PRIVATE YARD EACH ONE. PET OWNERS LOVE IT. MOST TENANTS HAVE RENTED FOR SEVERAL YEARS. VERY QUIET AREA NEAR SCHOOLS AND MAIN HIGHWAY. ALL UNITS ARE APPROVED CONDOS AND WEEL MAINTAIN WITH INHOUSE MAINTENANCE MAN.
Beautiful corner 1/1 along with 1/2 bath apartment with 12' ceilings, stainless steel appliances, very nice open space. North & East exposure. large terrace. carpet and concrete floors. amenities include secure lobby & elevators, covered parking, pool and fitness center.washer and dryer inside the unit. Perfect for investors.
4-PLEX with a motivated seller! All units are 1 bedroom/1 Bathroom and 650SF each. All units are fully occupied. Property needs nothing. One tenant is a resident of over 10 years. The first unit was remodeled 2 years ago and is in rentable condition. The second unit was updated 2 years ago and is in rentable condition. . The third unit is not remodeled at the request of the long term tenant. He does not want to be bothered and so the owner chose to leave him at peace. The fourth unit is in the best condition of all. It is recently painted. Desirable neighborhood and situated on a quiet street. Laundry machines yearly income is $1,500. Expenses are: Water $2,200, Trash $950, Insurance Policy $1,592, Property Taxes $4,007, FPL $180. Gross yearly income is $38,700 - expenses $8,929 =$29,771 or 8.75% CAP RATE! Located on a very quiet and picturesque street. Easy to rent and competitively priced at current lease prices. Rent can be increased at renewals. Seller is motivated and willing to negotiate on a credit towards updating kitchens.
Fully occupied income property with great long term tenants (over a year). Completely remodeled building and units.PLEASE DO NOT DISTURB TENANTS! BY APPT ONLY!!!
19 units Garden style with off street parking. 8 are 2Bedroom. 10 units are 1 BR and one efficiecy. They have central a/c and tiled floors.
CONTACT CHRISTINA FOR DETAILS 305 . 450 . 7808 TWO UNITS LEASED. APPROX 6.5 CAP BEAUTIFUL GATED COMMUNITY. EXCELLENT INVESTMENT OPPORTUNITY
38 Units with 16 2 BR and the rest 1 BR. 2 separate buildings back to back. They all have central a/c, newer kitchens and baths. Off street parking. They are well maintained and leased below current market rates
Triplex in great condition with a 1 year old roof and brand new hurricane proof windows. One main building with with 2 units and a cottage on the back for the additional unit. apprt 1 is a 2/1 fully renovated rented 1195 $. The 2 bedrooms and the living room with wooden floor. Great interior. tenant pays for water/sewer/garbage / electricity Apprt 2 is a 1/1 fully renovated rented 950 $. An additional room that can be used as an office or a extra small bedroom for the kids. tenant pays for water/sewer/garbage / electricity Apprt 3 is a studio 1/1 in a cottage at the back of the main building. Rented 700 $. Great condition, current tenant has been here for almost two years. + 70 $ / month with laundry in the property Revenue break down on a yearly base : growth revenue = 35 040 $ water/Sewer /garbage = - 1 000 $ Insurance = - 1 548 $ gas = - 300 $ maintenance cost = -1 200 $ property taxe = - 6 092 $ (2014) net income : 24 840 $