HOLLYWOOD LITTLE RANCHES HOLLYWOOD A12003504

2206 FILLMORE ST #1-10, Hollywood, FL 33020

HOLLYWOOD LITTLE RANCHES 2206 FILLMORE ST #1-10 HOLLYWOOD

REMARKS:

HOLLYWOOD LITTLE RANCHES 2206 FILLMORE ST #1-10 HOLLYWOOD. Rarely available 10-unit multifamily property in the heart of Hollywood, Florida fully occupied, cash-flowing from day one, and priced extremely competitively. Comprising two well-maintained buildings totaling 7,445sq.ft. on a generous 20,060sq.ft. lot, this asset delivers immediate NOI of 158,414 annually, 7.03% Cap Rate and meaningful rent upside still on the table. The unit mix seven 1BR/1BA, two 2BR/1BA and one 3BR/2BA attracts a broad renter demographic, reducing vacancy risk across market cycles. Both buildings received a new roof and new wall AC units, dramatically reducing near-term capex exposure and making this a true turnkey acquisition. The location is exceptional. Situated just blocks from Downtown Hollywoods vibrant ArtsPark and restaurant corridor, and only 7 minutes from the award-winning Hollywood Beachfront Broadwalk, demand for rentals here is structural and persistent. Fort Lauderdale-Hollywood International Airport (FLL) is 15 minutes away, and easy I-95 access puts Miami in 25 minutes and Boca Raton in 30 minutes. Zoned DH-2, the site permits up to 4 stories and 45 feet in height giving a future owner optionality to redevelop at higher density as Hollywoods Downtown corridor continues its rapid appreciation trajectory. Twenty stacked parking spaces are a premium differentiator in this urban submarket. Virtual staging incorporated in the listing photos. For more information and to schedule a showing, please call today!

If you are interested in buying property located at 2206 FILLMORE ST #1-10, Hollywood, FL 33020, call us today!

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2206 FILLMORE ST #1-10, HOLLYWOOD, FL 33020 - LOCATION