Description
Exclusive Portfolio Offering: Two Prime Properties Presenting a unique multifamily investment opportunity at 1925 & 1927 Rodman St, Hollywood, FL 33020. These two properties are being sold together, offering a combined lot size of 10,844 sq. ft., with zoning potential to build up to 5 floors and 18 units across both lots. Plus, this prime location is just 9 minutes from Hollywood Beach. All 4 current units are tenant-occupied, generating a gross annual rent income of $102,600. The NOI is $100,648, resulting in an attractive cap rate of 7.74%. Note: Properties must be sold together. Refer to listing A11672031. Contact today for more details or to schedule a viewing. FLOOD INSURANCE NOT REQUIRED.
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0BEDS
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N/AACRES
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0BATHS
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01/2 BATHS
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2,086SQFT
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$594$/SQFT
School Ratings & Info
Description
Exclusive Portfolio Offering: Two Prime Properties Presenting a unique multifamily investment opportunity at 1925 & 1927 Rodman St, Hollywood, FL 33020. These two properties are being sold together, offering a combined lot size of 10,844 sq. ft., with zoning potential to build up to 5 floors and 18 units across both lots. Plus, this prime location is just 9 minutes from Hollywood Beach. All 4 current units are tenant-occupied, generating a gross annual rent income of $102,600. The NOI is $100,648, resulting in an attractive cap rate of 7.74%. Note: Properties must be sold together. Refer to listing A11672031. Contact today for more details or to schedule a viewing. FLOOD INSURANCE NOT REQUIRED.
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