2201 Greene St - Apartments FOR SALE


Hollywood, FL 33020- Liberia
$2,150,000 USD
954-743-7594
2201 Greene St, Hollywood, FL for Sale
$2,150,000 USD
Apartments - FOR SALE
1/27
null | 7.27% Cap Rate

2201 Greene St
Hollywood, FL 33020
Liberia


HIGHLIGHTS

  • Fully Renovated Asset: Extensive upgrades include plumbing, electrical, A/C systems, and impact windows and doors.
  • Strong In-Place Returns: Attractive 7.27% going-in cap rate with additional long-term upside potential.
  • Desirable Unit Mix: Four 2-bedroom units and five 1-bedroom units catering to broad tenant demand.
  • Spacious Apartment Layouts: Well-proportioned floor plans designed for long-term tenant retention.
  • Turnkey Investment Opportunity: Fully remodeled interiors provide stable operations with limited near-term capital needs.
  • Prime Hollywood Location: Minutes from Downtown Hollywood, Fort Lauderdale Airport, major highways, and the beach.

OVERVIEW

2201 Greene Street is a fully renovated 9-unit multifamily property located in the heart of Hollywood, just minutes from Downtown Hollywood, major transportation corridors, and South Florida’s top amenities. The property features a desirable unit mix consisting of four 2-bedroom/1-bath units and five 1-bedroom/1-bath units, offering strong appeal within one of Broward County’s most active rental markets. Extensive renovations include new plumbing, updated electrical, new A/C systems, impact windows and doors, and fully remodeled interiors, creating a stable turnkey investment opportunity. The asset is currently operating at an attractive 7.27% going-in cap rate with additional long-term upside potential. The property also includes eight on-site parking spaces for tenant convenience. Ideally located approximately 5 minutes from Downtown Hollywood, 8 minutes from Fort Lauderdale-Hollywood International Airport, 10 minutes from the beach, and with easy access to Interstate 95, the property benefits from strong and consistent tenant demand driven by nearby employment centers, shopping, dining, and entertainment.

FOR SALE DETAILS

PRICE

$2,150,000 USD

PRICE/SF

$468 USD /SF

# OF UNITS

9

PRICE/UNIT

$238,889

CAP RATE

7.27%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Greene Street Apts

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1960

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,792 SF

ZONING

RS-1

APN/PARCEL ID

51-42-04-01-2450

ASK ABOUT THIS PROPERTY

Elior LeviFausto Commercial Realty ConsultantsMore Info
954-743-7594

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Elior LeviFausto Commercial Realty ConsultantsMore Info
954-743-7594

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.