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Adams Street Apartments 2223 Adams St 10 Unité Immeuble d’appartements 2 576 754 $ CAD (257 675 $ CAD/Unité) 6,44% Taux de capitalisation Hollywood, FL 33020
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Faits saillants de l'investissement
- New Metal Roof And Mini-Split AC Systems Throughout
- Four Carports Provide Potential Additional Income Stream
- Prime Hollywood Location Near Downtown, The Beach, And Major Transportation Corridors
- 8 Of 10 Units Renovated With Granite Countertops And Shaker Cabinetry
- 10 Spacious 1 Bed / 1 Bath Units Averaging 726 SF
Résumé de l'annonce
Marcus & Millichap is pleased to present Adams Street Apartments, a 10-unit multifamily property located at 2221–2223 Adams Street in Hollywood, Florida. The property consists entirely of one-bedroom/one-bathroom units averaging 726 square feet, offering spacious layouts in a high-demand rental corridor.
The asset has recently undergone significant improvements, including a new metal roof, mini-split air conditioning systems throughout, and ongoing parking lot restriping, enhancing both curb appeal and operational efficiency. Eight of the ten units have been renovated, featuring granite countertops and shaker-style cabinetry, providing immediate upside through continued interior upgrades and rent optimization. The property also includes four carports, creating an additional income opportunity.
Strategically positioned just minutes from Downtown Hollywood, Young Circle, and Hollywood Beach, the property benefits from strong local demand driven by hospitality, retail, and healthcare employment. With proximity to US-1, I-95, and the Brightline station, Adams Street Apartments offers tenants convenient connectivity throughout Broward and Miami-Dade Counties.
Adams Street Apartments presents an attractive opportunity to acquire a well-located, partially renovated multifamily asset in one of South Florida’s most active rental submarkets, with continued value-add potential and durable long-term fundamentals.
The asset has recently undergone significant improvements, including a new metal roof, mini-split air conditioning systems throughout, and ongoing parking lot restriping, enhancing both curb appeal and operational efficiency. Eight of the ten units have been renovated, featuring granite countertops and shaker-style cabinetry, providing immediate upside through continued interior upgrades and rent optimization. The property also includes four carports, creating an additional income opportunity.
Strategically positioned just minutes from Downtown Hollywood, Young Circle, and Hollywood Beach, the property benefits from strong local demand driven by hospitality, retail, and healthcare employment. With proximity to US-1, I-95, and the Brightline station, Adams Street Apartments offers tenants convenient connectivity throughout Broward and Miami-Dade Counties.
Adams Street Apartments presents an attractive opportunity to acquire a well-located, partially renovated multifamily asset in one of South Florida’s most active rental submarkets, with continued value-add potential and durable long-term fundamentals.
Salle de données Cliquez ici pour accéder à
- Offering Memorandum
Faits sur la propriété
| Prix | 2 576 754 $ CAD | Style d’appartement | Jardin |
| Prix par unité | 257 675 $ CAD | Classe d’immeuble | C |
| Type de vente | Investissement | Taille du lot | 0,47 AC |
| Taux de capitalisation | 6,44% | Taille du bâtiment | 7 263 pi² |
| Multiplicateur du loyer brut | 12.43 | Occupation moyenne | 100% |
| Nombre d’unités | 10 | Nombre d’étages | 1 |
| Type de propriété | Immeuble residentiel | Année de construction | 1963 |
| Sous-type de propriété | Appartement | Ratio de stationnement | 1,93/1 000 pi² |
| Zonage | RM-18 - Residential Medium Density | ||
| Prix | 2 576 754 $ CAD |
| Prix par unité | 257 675 $ CAD |
| Type de vente | Investissement |
| Taux de capitalisation | 6,44% |
| Multiplicateur du loyer brut | 12.43 |
| Nombre d’unités | 10 |
| Type de propriété | Immeuble residentiel |
| Sous-type de propriété | Appartement |
| Style d’appartement | Jardin |
| Classe d’immeuble | C |
| Taille du lot | 0,47 AC |
| Taille du bâtiment | 7 263 pi² |
| Occupation moyenne | 100% |
| Nombre d’étages | 1 |
| Année de construction | 1963 |
| Ratio de stationnement | 1,93/1 000 pi² |
| Zonage | RM-18 - Residential Medium Density |
Unité renseignements sur le mélange
| Description | Nombre d’unités | Loyer moyen/mois | pi² |
|---|---|---|---|
| 1+1 | 10 | 1 776 $ CAD | 726 |
1 1
Moyennement praticable à pied
70/100
Moyennement facile d’accès en voiture
70/100
Transports en commun limités
30/100
Plutôt praticable en vélo
50/100
Impôts fonciers
| Numéro de lot | 51-42-16-01-1510 | Évaluation des bâtiments | 0 $ CAD |
| Évaluation du terrain | 0 $ CAD | Évaluation totale | 1 903 832 $ CAD |
Impôts fonciers
Numéro de lot
51-42-16-01-1510
Évaluation du terrain
0 $ CAD
Évaluation des bâtiments
0 $ CAD
Évaluation totale
1 903 832 $ CAD
Contacts
-
Dillon Majeski -
Daniel Cunningham -
Evan Richardson -
River Rhoads -
Cory Sanchez -
Jason Nowik -
Marcus & Millichap
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Adams Street Apartments | 2223 Adams St
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