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1930 Lincoln St, Hollywood, FL 33020

$2,500,000
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List Price
$2,500,000
MLS#
A12049122
Status
ACTIVE
Type
Commercial
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954-667-9110

Property Description

Vacant ALF 21 - Beds Fully Licensed 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.

954-667-9110
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Additional Information

Days on Market
119
Tax Amount
$10,751
Parcel Number
514215013070
Lot Size
10,914
Address
1930 Lincoln St, Hollywood
Year Built
1954
Section
15
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Listing Courtesy of RE/MAX 5 Star Realty, Contact: