Commercial Sale
1544-1546 Arthur St
Hollywood, FL 33020
General Information
Location Information
Financial Information
Remarks
This 10-unit multifamily building is located in an extremely desirable area within West Hollywood. The physical property consists of 6,961 leasable SF, well situated on a large 17,926 sf lot. This property currently is 100% occupied with legacy tenants. The units are easy to manage and are well maintained. The property is currently grossing $143,400 per year and is netting $101,173. This net income provides an investor with a strong 4.23% capitalization rate at a current occupancy. All current tenants are month to month which gives an investor the opportunity to increase rental rates to market value. Seller financing is available.
Listing Agent
John DeMarco
RE/MAX 5 Star Realty
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Prepared by Rangely Adames · Sunland Group · Licensed FL Real Estate Sales Associate · rangelyadames.com · (954) 604-3276