2206 Fillmore Street 110Hollywood, FL 33020

Rarely available 10 unit multifamily property in the heart of hollywood florida fully occupied cash flowing from day one and priced extremely competitively comprising two well maintained buildings totaling 7 445sq ft on a generous 20 060sq ft lot this asset delivers immediate noi of 158 414 annually 7 03 cap rate and meaningful rent upside still on the table the unit mix seven 1br 1ba two 2br 1ba and one 3br 2ba attracts a broad renter demographic reducing vacancy risk across market cycles both buildings received a new roof and new wall ac units dramatically reducing near term capex exposure and making this a true turnkey acquisition the location is exceptional situated just blocks from downtown hollywood s vibrant artspark and restaurant corridor and only 7 minutes from the award winning hollywood beachfront broadwalk demand for rentals here is structural and persistent fort lauderdale hollywood international airport fll is 15 minutes away and easy i 95 access puts miami in 25 minutes and boca raton in 30 minutes zoned dh 2 the site permits up to 4 stories and 45 feet in height giving a future owner optionality to redevelop at higher density as hollywood s downtown corridor continues its rapid appreciation trajectory twenty stacked parking spaces are a premium differentiator in this urban submarket for more information and to schedule a showing please call today