Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1960
Sq.Footage
N/A
Labueux Apts are a portfolio of 10 bldgs|37 units - 2 SFR, three 3plexes, three 4plexes and two 5plexes located in Hollywood between US-1 & Dixie Hwy. north of Johnson St. 4 of the properties are contiguous. The neighborhood has a very strong rental community which consists of small to midsize apartment buildings along with single-family homes and condominium units. The average price/unit is $200,000+ for 2,3,& 4 Unit Properties. The subject property is rented on a weekly, biweekly and monthly basis. As such, electric, gas, water and trash are included in the rent structure. The opportunity can best be described as a value-add acquisition due to the below market rents and the upside following capital improvements with a list price of $147,000/unit. Download the OM or on agents website. all salient data can be found in the offering memorandum including income and expense on page 75
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Pool
No
Area & Lot
-
Lot Size(acres)
0.18
-
Property Type
Commercial Sale
-
Property Sub Type
Multi Family
Price
-
Sales Price
$5,395,000
-
Tax Amount
$101,861
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
1
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Location
County
Broward
Elementary School
Middle School
High School
Listing Courtesy of Peter Dacko III , Media Realty
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