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Active
$1,295,000
2247 Simms St, Hollywood FL 33020
📍 Hollywood, FL, 33020
🏗1956Año constr.

Descripción

2247 Simms Street is a 7-unit multifamily property located in the heart of Hollywood, Florida, consisting of seven 1-bedroom/1-bath units within a 3,164 SF building. The property is currently generating approximately $80,718 in NOI, representing a 6.23% cap rate at the asking price, with additional upside through future rent growth. The asset features impact windows, central A/C throughout, stainless steel appliances, and a 2016 roof, minimizing near-term capital expenditures. Ideally situated just 5 minutes from Downtown Hollywood, 10 minutes from Hollywood Beach, and 8 minutes from Fort Lauderdale-Hollywood International Airport, with convenient access to Interstate 95, the property benefits from strong tenant demand and proximity to major employment, dining, retail, and entertainment destinations, making it an attractive investment opportunity in one of South Florida's most active rental markets.

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 1956
Listing Key 1a31cc60c7d875954e1e5d0765b92e67

Ubicación

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