Bonnie Villa Apts Co Op

Highlights:

• Lot Features: Less Than 1/4 Acre Lot
• Documents Available: Deposit - Security, Copy Of Lease(S), Service Contracts
• Architectural Style: Detached
• Cooling: Ceiling Fan(s), Wall/Window Unit(s)
• Heating: Window/Wall
• Flooring: Ceramic Floor, Vinyl
• Construction Materials: CBS Construction

Description:

22 unit building in the heart of Hollywood with additional value add potential! 8 two bedrooms units and 14 one bedroom units has a monthly income of $37,600, net operating income (NOI) of $306,285 and a cap rate of 6.96%.Building has 22 parking spaces with additional street parking, gated entry, coin laundry and security cameras. Additionally, this property sits on a DH-3 zoned lot, allowing for huge potential redevelopment. Located in the Dixie Highway Mixed Use District, property can be up to 10 stories or max 140 Ft. Potential use as Retail, Hotel, Multi-Family or Mixed Use making it an attractive option for investors looking to capitalize on future growth opportunities in the area.