
Description
Priced for a quick sale with Cap rate over 6%! Prime Location! Just off the corner of US-1 and Sheridan Street in East Hollywood, This Free standing 7,500 s/f, 2 story Office Building is centrally located 10 minutes from Ft. Lauderdale Airport and Prt Everglades and 1 mile from world famous Hollywood Beach. This fully updated, 10 unit building sits on a fenced, 17,800 s/f lot and has 27 parking spaces. Asset is fully stabilized and 100% leased. Long term tenants most on recently renewed leases. Over $400K in recent capital improvements including a New Roof, newly paved rear parking area and rear access road, resurfaced front parking, LED exterior lighting in all common areas and parking, fully overhauled elevator, and much more. List wont fit in description. Price lowered for a quick sale.
School Ratings & Info
Description
Priced for a quick sale with Cap rate over 6%! Prime Location! Just off the corner of US-1 and Sheridan Street in East Hollywood, This Free standing 7,500 s/f, 2 story Office Building is centrally located 10 minutes from Ft. Lauderdale Airport and Prt Everglades and 1 mile from world famous Hollywood Beach. This fully updated, 10 unit building sits on a fenced, 17,800 s/f lot and has 27 parking spaces. Asset is fully stabilized and 100% leased. Long term tenants most on recently renewed leases. Over $400K in recent capital improvements including a New Roof, newly paved rear parking area and rear access road, resurfaced front parking, LED exterior lighting in all common areas and parking, fully overhauled elevator, and much more. List wont fit in description. Price lowered for a quick sale.
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