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Offered at a 6.67% Cap Rate - 9 Units in Hollywood, FL. 2 large units have roommates sharing spaces totaling 12 tenants. BRAND NEW UNITS INSIDE & OUT. Fully furnished, fully rented with annual leases. All units have AC w/ split systems. Each unit has a flat-screen TV and a fully equipped kitchen with dining space. Wi-Fi + electricity, and water, are all included in the rent. NOI of $200,000. Detailed financials are available with a fully executed non-disclosure agreement. They are located in an Opportunity Zone. This property has been updated, and tenants are stable – ideal passive income. Tenants are on annual leases - this is not an Airbnb or monthly rental— in impeccable condition from top to bottom. NDA is required for detailed financials, and proof of funds is required for tours.
Listed by Bram Scolnick and Jude Scolnick, East Coast Realty Brokerage LLC

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The multiple listing information is provided by Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2023 Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Data last updated on June 1, 2023

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