Real estate listing preview #1
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CommercialSold
List Price $5,395,000
Sold Price $5,200,000
1925 Harding St
Hollywood, FL 33020
Courtesy of Media Realty
MLS: Realtors of the Palm Beaches & Greater Fort Lauderdale
Est. Mortgage
$27,948/mo

Labueux Apts are a portfolio of 10 bldgs|37 units - 2 SFR, three 3plexes, three 4plexes and two 5plexes located in Hollywood between US-1 & Dixie Hwy. north of Johnson St. 4 of the properties are contiguous. The neighborhood has a very strong rental community which consists of small to midsize apartment buildings along with single-family homes and condominium units. The average price/unit is $200,000+ for 2,3,& 4 Unit Properties. The subject property is rented on a weekly, biweekly and monthly basis. As such, electric, gas, water and trash are included in the rent structure. The opportunity can best be described as a value-add acquisition due to the below market rents and the upside following capital improvements with a list price of $147,000/unit. Download the OM or on agents website. all salient data can be found in the offering memorandum including income and expense on page 75

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Listing provided courtesy of Media Realty
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