1930 Lincoln Street, Hollywood, FL 33020

$2,500,000

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Property Description

Vacant ALF 21 - Beds Fully LicensedThe 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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Listing courtesy of RE/MAX 5 Star Realty. Contact:

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Agent: Randall Sanz | Email: Randall@demarcogroup.com