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$ 2,500,000
Est. payment /mo
New
1930 Lincoln ST Hollywood, FL 33020
4,305 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
Square Footage 4,305 sqft
Price per Sqft $580
MLS Listing ID A12049122
HOA Y/N No
Year Built 1954
Annual Tax Amount $10,751
Lot Size 10,890 Sqft
Acres 0.25
Property Sub-Type Business
Property Description
Vacant ALF 21 - Beds Fully LicensedThe facility is fully licensed. Once fully occupied, the gross revenue is expected to go up to $840,000, with net income of $ 294,000. The projected income will provide the investor with a strong 12% capitalization rate at the full asking price. This is an excellent investment opportunity in a market with very limited inventory.
Location
State FL
County Broward
Area 3050
Zoning ND-2
Interior
Interior Features InteriorFeatures
Fireplace No
Exterior
Parking Features Common
Total Parking Spaces 8
Others
Tax ID 514215013070
Acceptable Financing Cash, Conventional, Other
Listing Terms Cash, Conventional, Other
Virtual Tour https://www.propertypanorama.com/instaview/mia/A12049122
Listed by Randall Sanz RE/MAX 5 Star Realty