6204 Dewey St
Hollywood
Florida
USA
33023

ID MLS : F10432430

USD1,500,000

Los detalles

Características de la propiedad

Fecha de Actualización: 14 ago 2024

Detalles de la construcción

Año de construcción
1964
Estado de la propiedad
glvar.resale
Techumbre
roofType.CompositionShingle
Tour virtual

Descripción

Seller will entertain offers. Price reduced. The subject property is 2contiguous 4plexes located in central Hollywood & contains eight (1/1) apartments. The property presents itself as a value-add opportunity due to the rents being approximately over 50% below market value with each unit renting at approximately $1000 per month. Market rent is estimated at $1500 per month. Hollywood is experiencing a tremendous renaissance with the majority of new construction consisting of residential development. The area is considered to have the 2nd largest supply pipeline across all Fort Lauderdale submarkets where over 70% of the new residential supply set to be delivered will be luxury rentals. The subject provides an opportunity to take advantage of the value add by repositioning the asset

Ubicación

6204 Dewey St
Hollywood
Florida
USA
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Cortesía de Peter Dacko Media Realty