1930 Lincoln St, Hollywood FL 33020

About This Property

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.

Property Details

Property Type

Special Purpose

Status

Active

MLS #

A12049122

Building Area

4,305 SF

Lot Size

10,914 SF

Year Built

1954

Zoning

ND-2

Days on Market

1

Price

$2,500,000