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Special Purpose

1930 Lincoln St, Hollywood FL 33020

$2,500,000
Tax: $10,751/yr
Lot Size
10,914 sqft

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.

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Property Features

Special Purpose
All Cash, Conventional/Refinance, Secondary Financing
55+ COMMUNITY
Broward County 26.017668, -80.14610789999999

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