2381 SW 57th Ave, West Park FL 33023
Beds
Baths
SQFT 4,250
Garage
54 Years Built
Home Details
Great warehouse located in desirable West Park Florida, Hollywood area. The subject property consists of 4,250 square feet of leasable space well situated on a 8,087 sf lot. This building has 2 legal bays with separate electric meters, 2 roll-up street-level doors, and 16' ceilings. This property is currently grossing $51,729 annually. Net operating income is $40,052 per year, giving this property a strong 6.70% capitalization rate. Great acquisition opportunity for an investor. Enclosed in this offering is recent comparable sales which support the value of this property. Do not disturb the existing tenant. For additional information contact the listing broker.
Other Interior Features
General
Neighbourhood
Location
Great warehouse located in desirable West Park Florida, Hollywood area. The subject property consists of 4,250 square feet of leasable space well situated on a 8,087 sf lot. This building has 2 legal bays with separate electric meters, 2 roll-up street-level doors, and 16' ceilings. This property is currently grossing $51,729 annually. Net operating income is $40,052 per year, giving this property a strong 6.70% capitalization rate. Great acquisition opportunity for an investor. Enclosed in this offering is recent comparable sales which support the value of this property. Do not disturb the existing tenant. For additional information contact the listing broker.