1841 Mayo St

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1841 Mayo St

Hollywood, FL 33020
Asking Price
Contact for price
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Multifamily apartment building located at 1841 Mayo St in Hollywood, Florida.
  • Property situated within the Broward County rental market for strategic investment.
  • Asset provides direct access to major South Florida regional transit corridors.
  • Strategic location between Miami and Fort Lauderdale supports tenant demand.
  • Suitable building profile for investors pursuing long term residential holdings.

What's Special

Investors seeking to expand their residential holdings will find this apartment building at 1841 Mayo St in Hollywood, Florida, a practical addition to an existing portfolio. The asset functions as a straightforward multifamily investment in a region characterized by consistent rental demand and a steady influx of new residents. Hollywood sits between Miami and Fort Lauderdale, providing tenants with access to a diverse regional economy and the major transit corridors linking the broader South Florida metropolitan area. This property type serves as an established vehicle for steady cash flow, catering to professionals and families drawn to the coastal lifestyle and local employment hubs. The building benefits from the dense residential infrastructure of the area, which supports ongoing interest from prospective tenants. Owners can leverage the site's positioning within this competitive submarket to maintain consistent occupancy levels while contributing to the local rental landscape. The structure is well-situated for long-term hold strategies or active management within the highly active Broward County housing market.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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