411 Columbus Pky - Apartments FOR SALE


Hollywood, FL 33021- 441 Corridor
$900,000 USD
561-866-9616
411 Columbus Pky, Hollywood, FL for Sale
$900,000 USD
Apartments - FOR SALE
1/11
null | Request Cap Rate

411 Columbus Pky
Hollywood, FL 33021
441 Corridor


HIGHLIGHTS

  • 5 Cash-Flowing MF units, featuring long terms tenants and upside potential.
  • Strong location minutes from I-95 with consistent local renter demand
  • Can be enjoyed as-is for an excellent cash flow, or can be redeveloped as single or multifamily with a density of up to 18 du/acre (zoned SR7 RM-18).
  • Opportunity to reposition, replan, or fully redevelop to maximize long-term value

OVERVIEW

Excellent cash-flow opportunity! Own 5 multifamily units in Hollywood, Florida, successfully running with long-term tenants and upside potential. The unit mix is two studios and three 1/1s in a peaceful, well-maintained neighborhood just 2 miles from I-95. There is a laundry room on site with a coin-operated washer/dryer (leased machines). This property can be enjoyed as-is for an excellent cash flow, or can be redeveloped as single or multifamily with a density of up to 18 du/acre (zoned SR7 RM-18). The 5 units may be sold together with a duplex at 2322 Johnson Street for a total of 7 units and 0.86 acres. The total price for both properties is $1.4M. Please Call/Text Cami at 561-664-0139 for the offering memorandum and more information.

FOR SALE DETAILS

PRICE

$900,000 USD

PRICE/SF

$403 USD /SF

# OF UNITS

5

PRICE/UNIT

$180,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1959

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.62 AC

LAND SF

27,187 SF

ZONING

-

APN/PARCEL ID

51-41-13-03-0350,51-41-13-03-0360

ASK ABOUT THIS PROPERTY

Federico Rochwerger, PAKeyes CommercialMore Info
561-866-9616

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Federico Rochwerger, PAKeyes CommercialMore Info
561-866-9616

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