Studio house for sale

SUPER RARE!! 14-Unit Building For-Sale in the heart of downtown Hollywood. Very well-maintained. High-end updated/renovated building. All units updated modern including cabinetry, stainless steel appliances, granite or quartz counter tops, modern ceramic tile. All units include central HVAC units and water heaters. All units feature impact windows and stunning new impact doors. All 1br/1ba units are so large they can be converted to 2br units! No vacancies! 13 huge 1br/1ba units and 1 huge 2br/1ba unit. Building has security camera system and coin laundry facility. Property has high elevation and ample parking. Excellent income producing property in Hollywood Lakes next door to Hollywood Beach Golf Club, east of US1 close to restaurants, shopping, beaches and minutes to Fort Lauderdale Int'l Airport. All units are annual leases. Market rents for the 1br/1ba units are $2, 100-$2, 200. Last 5 leases were rented in the $2, 000-$2, 200 range. New roof 2017. Asking cap rate is 5.07%. Excellent very well-maintained and updated modern renovated building. 13 of 14 units updated. Last unit that is not updated is in good shape with a very long term tenant who helps watch over the building. Seller raising rents to $2, 100-$2, 200 for each 1/1 unit as leases expire. Pro forma gross income is $378, 600+ for this/next year 2023-2024. Room to add pool in the courtyard area.