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1621 Van Buren St
Hollywood, FL 33020
Van Buren Apartments · Multifamily Property For Sale
·
11 Units
Investment Highlights
- Fully Occupied with a going in 6.5% Cap Rate! Rents can be raised to market rates to achieve 7+% Cap Rate!
- Steps Away from Young Circle, Shopping, Restaurants, Bars and Beaches, East of US-1 in Hollywood Lakes
- The property comes with a vacant 5k sqft lot!
- Unit Mix: 10 Units are 1 Bed/1Bath and 1 Studio Unit
- Seller Financing available with only 30% Down! Very Attractive Terms
Property Facts
| No. Units | 11 | Building Size | 5,058 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1937 |
| Building Class | C | Parking Ratio | 0.79/1,000 SF |
| Lot Size | 0.24 AC | ||
| Zoning | LT - LT - LAKES TRANSITION DISTRICT | ||
| No. Units | 11 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.24 AC |
| Building Size | 5,058 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1937 |
| Parking Ratio | 0.79/1,000 SF |
| Zoning | LT - LT - LAKES TRANSITION DISTRICT |
Amenities
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 10 | $1,700 | - |
| Studios | 1 | $1,400 | - |
Property Taxes
| Parcel Number | 51-42-15-02-3380 | Improvements Assessment | $1,524,450 |
| Land Assessment | $122,930 | Total Assessment | $1,647,380 |
Property Taxes
Parcel Number
51-42-15-02-3380
Land Assessment
$122,930
Improvements Assessment
$1,524,450
Total Assessment
$1,647,380
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