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Hallandale, Hallandale Beach, FL 33009
Property Type
Quadruplex
Central AC
Yes
Year Built
1977
Home Style
Fourplex
Listing courtesy of Alexander Virelles of Exclusive Premier Realty.
This is 14 units in Hallandale Beach, an A+ rated location! Property consists of 10 efficiencies, 2-2/2s, and 2-1/1s. The property was run as an Assisted Living faciitly prior to 2019 and can still function as one with a license. The city will allow for up to 20 residents for an ALF. Its currenty functioning as regular rental property. 1st building: Consists of 10 efficiencies-rented at 1300/mo month to month (3200 sq ft) 2nd building: Consists of 2-2/2s-rented at 2300/mo each unit and 2-1/1s rented at 1800/mo each unit.(3200 sq ft) NOI=221,067 If you have or acquire an ALF license, you can get 4-5k per resident have up to 20 residents. Possible Pro Forma NOI running as an ALF=$545,090! 4 power meters and 2 water meters Both roofs are new!!
Hallandale Beach
A11999268
13,990 Sqft
Hallandale
Quadruplex
1977
Fourplex
Block
1
One
1977
CENTRAL
Hallandale
florida
Yes - Central Air, Wall/Window Unit(s)
Ceramic Tile
Yes - Central
Total$14,153.60/Month
*The values provided are approximate. For more precise information, please contact a BHS agent who can offer further assistance.
Hallandale, Florida, is a coastal city known for its mix of recreation, culture, and convenience. Located between Miami and Fort Lauderdale, it offers easy access to major highways, airports…
Information is deemed reliable but is not guaranteed and should be independently verified.