1723 Liberty St - Apartments FOR SALE


Hollywood, FL 33020- Royal Poinciana
$1,850,000 USD
305-607-6307
1723 Liberty St, Hollywood, FL for Sale
$1,850,000 USD
Apartments - FOR SALE
1/48
null | 5.81% Cap Rate

1723 Liberty St
Hollywood, FL 33020
Royal Poinciana


HIGHLIGHTS

  • Prime 8-Unit Multifamily in East Hollywood, FL – Value-Add Opportunity
  • Ample 12 parking spaces on-site (8 in Front, 3 in Back)
  • Joint Venture Opportunity with MM Equity Group

OVERVIEW

Prime 8-Unit Multifamily in East Hollywood, FL – Stable & Value-Add Opportunity Excellent investment opportunity in a prime East Hollywood location, just east of US-1. This well-maintained 8-unit property features almost fully renovated units, including new kitchens, bathrooms, flooring, appliances, and lighting. Ample 12 parking spaces on-site. Professionally managed by Management Miami (www.ManagementMiami.com), ensuring smooth operations and tenant stability. All units are under long-term leases with last month’s rent and security deposit collected, providing a stable income stream with long-term upside potential. Additional value-add opportunity through exterior enhancements and further interior upgrades. Proforma Gross Income: $171,648 & NOI: $108,203 (Current NOI: $86,979). Short-term rental potential to further increase revenue. Unique opportunity to keep property taxes low by structuring a Joint Venture with MM Equity Group (www.mmequity.com). Investment Overview: Capital Required: $650,000 Estimated Investor IRR: 12.2% (5-Year Projection) This stable asset with strong upside potential is a rare find in one of Hollywood's most sought-after neighborhoods. Contact us today for more details!

FOR SALE DETAILS

PRICE

$1,850,000 USD

PRICE/SF

$396 USD /SF

# OF UNITS

8

PRICE/UNIT

$231,250

CAP RATE

5.81%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1958

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

10,149 SF

ZONING

FH-1

APN/PARCEL ID

51-42-10-21-0430

ASK ABOUT THIS PROPERTY

Jonathan TeboulCAP ManagementMore Info
305-607-6307

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Jonathan TeboulCAP ManagementMore Info
305-607-6307

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.