Hollywood, FL 33020

Property

Ownership: For Sale
Type: Unknown
Pets: No Pets Allowed

Financials

Price:$12,900,000
Annual Taxes:$74,596
888 Biscayne Blvd # Unit CU9 Miami, FL 33132
Listing Courtesy of Fausto Commercial Realty Consultants Inc

Outstanding investment opportunity in the heart of Hollywood !

Description

Outstanding investment opportunity in the heart of Hollywood! This 105-bed licensed Assisted Living Facility at 2001 Polk St is a turnkey operation generating $3.5M+ in annual gross income with an 8.1% going-in cap rate. Fully occupied and professionally managed, the three-story 27,270 SF building is well-maintained and delivers consistent cash flow. Prime central location—just minutes to I-95, Fort Lauderdale–Hollywood International Airport, and Hollywood Beach—providing convenience for residents, staff, and families.

Neighborhood

More listings:

Long Island MLS

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.