MLS#A11911306
STATUSActive
PROPERTY TYPECommercial - Business
Property Description
Outstanding investment opportunity in the heart of Hollywood! This 105-bed licensed Assisted Living Facility at 2001 Polk St is a turnkey operation generating $3.5M+ in annual gross income with an 8.1% going-in cap rate. Fully occupied and professionally managed, the three-story 27,270 SF building is well-maintained and delivers consistent cash flow. Prime central location?just minutes to I-95, Fort Lauderdale?Hollywood International Airport, and Hollywood Beach?providing convenience for residents, staff, and families.
Property Features
Property Type: Commercial - Business
Lot Size: 0.54 Acres
Taxes: $74,596
Year Built: 1962
Feature Descriptions
Crops Included Y/N: No
Days on Site: 265
Home Warranty Y/N: No
Lease Considered Y/N: No
Parcel#: 514215011970
Property Attached Y/N: No
Property Sub-Type: Special Purpose
Senior Community: Yes
Listed By / Shown By
Listed By
Agency Name: Fausto Commercial Realty Consultants Inc
Agency Phone: 786-748-7373
Shown By
Agency Title: Adams Cameron & Co. REALTORS
Agency Phone: 386-717-3445
2001 Polk St | MLS# A11911306
This commercial property located at 2001 Polk St, Hollywood, FL 33020 is currently listed for sale with an asking price of $12,900,000. Search Hollywood real estate on www.adamscameron.com today.