1930 Lincoln St
1930, Lincoln St, Hollywood, FL, 33020
$2,500,000
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Basics
- Category: CommercialSale
- Type: SpecialPurpose
- Status: Active
- Bathrooms: 0
- Lot size: 10914, 10914 sq ft
- Year built: 1954
- County: Broward
- MLS ID: A12049122
Description
-
Description:
HOLLYWOOD 1-21 B LOT 22,23 BLK 18 Vacant ALF 21 - Beds Fully Licensed
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The facility is fully licensed. Once fully occupied, the gross revenue is expected to go up to $840,000, with net income of $ 294,000. The projected income will provide the investor with a strong 12% capitalization rate at the full asking price. This is an excellent investment opportunity in a market with very limited inventory.
Building Details
- Covered Spaces: 0
Amenities & Features
- Parking Features: Common
- Parking Total: 8
Expenses, Fees & Taxes
- Tax Annual Amount: $10,751
Miscellaneous
- List Office Name: RE/MAX 5 Star Realty
- Listing Terms: Cash,Conventional,OwnerMayCarrySecond
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This SpecialPurpose-type commercial real estate is located in 1930, Lincoln St, Hollywood, FL, 33020 was built in 1954, and is listed at $2,500,000.