West Park, FL 33023,Address not disclosed

$395,000

Est. payment /mo

$489,000

19.2%
Est.Price: ?

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Address not disclosed West Park, FL 33023

6,354 Sqft Lot

SOLD DATE : 10/09/2018

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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Listed by RE/MAX 5 Star Realty
Bought with RE/MAX 5 Star Realty
agent

Nelson Perez

Real Estate Professional | License ID: SL3558188

+1(954) 418-2463

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