10-Bank owned 145 Units in Hollywood, Florida—SOLD

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Looking to purchase a commercial/bank owned property in hollywood? than how about this 145 unit complex located in Hollywood, Florida. The complex is a class B property with it being built back in 2007. The price per unit is at $110,345. The list price of the building is $16,000,000 but the bank is willing to negotiate a better price for the right investor.

The city of Hollywood is surrounded by about six miles of the Atlantic Ocean ti the East, Fort Lauderdale. Hollywood has become the 12th largest city in the state with a population in excess of 150,000 inhabitants. Also, Hollywood is included in the South Florida metropolitan area, which includes Dade County, Broward County and Palm Beach County; together they make up the largest metropolitan centers in Florida. Utilities: water, sewer, garbage.

The units are in great condition and the occupancy rate is 80%, and every unit has been very well taken care. If interested in investing on this property, than give UR-COUSIN Emile Farah from USA Lending and Realty a call for more information on this particular property, or any other properties that we have available. 304-754-1000 or 305-967-7200.

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