2233 McKinley Street , for Sale & Rent

2233 McKinley Street for Sale & Rent

Price $1,299,000.00

• Lot size 6724
• Year Build
• Waterfront
• Zip 33020
• Style
• Parking Description
• Pool Yes
• Status Active

Description

The physical property consists of 1,982 SF, well situated on a large 6,724 SF lot. Pride of ownership is evident throughout this beautiful and well maintained ALF. The facility is grossing over $400k per year and is projected to net $191k in 2022. This net income provides an investor with a strong 14.7% capitalization rate at a current 100% occupancy. This is an excellent investment opportunity in an ALF market with very limited inventory. Please remember not to disturb existing business, staff or residents. All showings are by appointment only; call for additional information.

Please remember not to disturb existing business, staff or residents. All showings are by appointment only; call for additional information.

The physical property consists of 1,982 SF, well situated on a large 6,724 SF lot. Pride of ownership is evident throughout this beautiful and well maintained ALF. The facility is grossing over $400k per year and is projected to net $191k in 2022. This net income provides an investor with a strong 14.7% capitalization rate at a current 100% occupancy. This is an excellent investment opportunity in an ALF market with very limited inventory. Please remember not to disturb existing business, staff or residents. All showings are by appointment only; call for additional information.

City:Hollywood,List A O R:A-Miami Association of REALTORS,Latitude:26.0245248,List Price:1299000,Listing Id:A11316571,Longitude:-80.1526891,Mls Status:Active,Postal Code:33020,Street Name:McKinley Street,Coordinates:1:26.0245248,Photos Count:9,Business Type:1:Residential-Multi-Family,Lot Size Units:Square Feet,On Market Date:2022-12-16,Property Type:Commercial Sale,Street Number:2233,Public Remarks:The physical property consists of 1,982 SF, well situated on a large 6,724 SF lot. Pride of ownership is evident throughout this beautiful and well maintained ALF. The facility is grossing over $400k per year and is projected to net $191k in 2022. This net income provides an investor with a strong 14.7% capitalization rate at a current 100% occupancy. This is an excellent investment opportunity in an ALF market with very limited inventory. Please remember not to disturb existing business, staff or residents. All showings are by appointment only; call for additional information.,County Or Parish:Broward County,Expiration Date:2023-03-31,List Office Name:RE/MAX 5 Star Realty,Private Remarks:Please remember not to disturb existing business, staff or residents. All showings are by appointment only; call for additional information.,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Property Sub Type:Income/MultiFamily,State Or Province:FL,Unparsed Address:2233 McKinley Street, Hollywood FL 33020,Listing Agreement:Exclusive Right To Sell,Building Area Total:1982,Building Area Units:Square Feet,Lot Size Square Feet:6724,Original List Price:1299000,I D X Participation Y N:1,Showing Contact Type:1:Call Listing Office,Syndication Remarks:The physical property consists of 1,982 SF, well situated on a large 6,724 SF lot. Pride of ownership is evident throughout this beautiful and well maintained ALF. The facility is grossing over $400k per year and is projected to net $191k in 2022. This net income provides an investor with a strong 14.7% capitalization rate at a current 100% occupancy. This is an excellent investment opportunity in an ALF market with very limited inventory. Please remember not to disturb existing business, staff or residents. All showings are by appointment only; call for additional information.,Listing Contract Date:2022-12-16,Originating System I D:miamire,Showing Instructions:Call Listing Agent,Call Listing Office,Street Number Numeric:2233,Originating System Name:Miami Association of REALTORS?,Sub Agency Compensation:2.5%,Contract Status Change Date:2022-12-16,Transaction Broker Compensation:2.5%,Internet Entire Listing Display Y N:1,Transaction Broker Compensation Type:%,