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Active business SALE

1930 Lincoln Street, Hollywood, Florida 33020

Hollywood, FL 33020

$2,500,000
Property Details
MLS# A12049122
Type Business
Year Built 1954
Tax Amount $10,751

Property Description

Vacant ALF 21 - Beds Fully LicensedThe 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.
Amenities
Built 1954

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30 Year Fixed, 6.59% Interest
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Property Location
Listing Office: RE/MAX 5 Star Realty
Attribution Contact: 305-968-6238
Listing Agent: Randall Sanz

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