$395,000
$489,000
19.2%For more information regarding the value of a property, please contact us for a free consultation.
Address not disclosed West Park, FL 33023
6,354 Sqft Lot
Key Details
Sold Price $395,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID A10507371
Sold Date 10/09/18
HOA Y/N No
Year Built 1977
Annual Tax Amount $5,743
Tax Year 2017
Lot Size 6,354 Sqft
Property Description
The DeMarco Real Estate Team is pleased to present a warehouse located in West Park (Hollywood) Florida. Tenant has new 5 year lease with 5% annual increases. Tenant is responsible for all maintenance and all utilities. Landlord pays property taxes and insurance. Twin T concrete roof, and full automotive use approve make this a great investment choice. Actual cap rate is 5.45% for year one. Property will also work for an owner user, as there is a clause that lease can be cancelled with 6 month notice by Landlord. Please remember to not disturb existing tenants, for additional information and for all showings call listing broker directly.
Location
State FL
County Broward County
Area 3080
Others
Tax ID 514124030220
Financing Seller Financing
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Bought with RE/MAX 5 Star Realty