2022 Fletcher St

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2022 Fletcher 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 2022 Fletcher St in Hollywood
  • Asset sits within the growing and diverse South Florida real estate market
  • Property is currently available for purchase as a residential investment
  • Strategic location offers access to major regional transit and employment corridors
  • Site supports consistent long-term rental demand in a suburban setting

What's Special

Investors seeking to expand their residential holdings will find this multifamily apartment building at 2022 Fletcher St in Hollywood, Florida, a practical addition to a real estate portfolio. The property is positioned within a vibrant coastal city known for its diverse housing market and consistent demand for rental units. Its location offers residents access to the broader South Florida economic corridor, which benefits from strong population growth and a steady influx of new business activity. This asset provides a foundation for long-term residential leasing operations. The structural layout supports multi-tenant occupancy, catering to the ongoing need for rental housing in this established suburban environment. Given its location in the heart of Hollywood, the site remains well-positioned to serve tenants who prioritize proximity to regional employment hubs and local infrastructure. Prospective buyers can leverage this location to maintain a competitive edge in the local apartment sector while capitalizing on the area's ongoing commercial and residential expansion.

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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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