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Active
$2,250,000
1927/1929 Roosevelt St # 10, Hollywood FL 33020
📍 Hollywood, FL, 33020
🏗1969Año constr.

Descripción

1927 and 1929 Roosevelt Street is a 10-unit multifamily investment opportunity consisting of two 2-bedroom/2-bath units, two 2-bedroom/1-bath units, four 1-bedroom/1-bath units, and two studio units. The property offers a well-balanced unit mix that transitions from larger two-bedroom units to smaller one-bedroom and studio apartments, allowing investors to capture demand from a variety of tenant profiles. The asset features impact windows, a durable tile roof, and ample on-site parking, helping minimize near-term capital expenditures while supporting long-term operational efficiency. The property is currently operated with below-market rents and predominantly month-to-month tenancies, providing a clear value-add opportunity for new ownership. By bringing rents to market levels, ownership can achieve a projected NOI of approximately $173,150. Located in one of South Florida's strongest rental markets, the property is approximately 5 minutes from Downtown Hollywood, 10 minutes from the beach, 8 minutes from Fort Lauderdale-Hollywood International Airport, and offers convenient access to Interstate 95 and other major transportation corridors. This is an attractive opportunity for investors seeking stable cash flow with significant upside potential.

Detalles de la propiedad

Tipo / Type Commercial Sale
Subtipo / Subtype Income/MultiFamily
Estado / Status Active
Condado / County Broward County
Código postal / ZIP 33020
Año construido / Year built 1969
Listing Key 064c0e0db5847edee07ad91d99d9eb20

Ubicación

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