Basic Information
- MLS # A10836119
- Type Industrial
- Status Closed
- Year Built 1969
- Total Sqft 12,509
- Date Listed 03/18/2020
- Days on Market 120
The subject property is 3,000 square feet of leasable space well situated on a large 12,509 SF lot. The property is fully fenced in with ample parking. The building has tall 18 ceilings with 14 street-level doors and a TwinT concrete roof. There are 3 warehouse bays about 1,000 Sq.Ft. each. There are 3 monthtomonth tenants. The current gross income is 42,720 annually, netting 30,670 per year. Property is perfect for an owner-user or an investor. An investor can retenant the property or bring the current tenants to market rates increasing net annual income to 48,800. This NOI will provide an investor with a strong 9.75 cap rate.
Amenities
Exterior Features
- Waterfront No
- Parking Spaces 0
- Pool No
- Parking Description
- Style Industrial
Interior Features
- Adjusted Sqft 12,509Sq.Ft
- Sqft 12,509 Sq.Ft
Property Features
- Address 5830 Mayo St
- Aprox. Lot Size 12,509
- Furnished Info no
- Subdivision Complex
- Subdivision Info
- Tax Amount $7,242
- Tax Legal desc WEST HOLLYWOOD TRAILER CITY 25-35 B LOT 17,18 BLK 1
- Tax Year 0
- Type of Property Industrial
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Hollywood, FL 33023Similar Properties For Sale
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The multiple listing information is provided by the Miami Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2023-present Miami Association of Realtors®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: REMAX 5 Star Realty. tel: 954-361-0000
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