2325-2331 Arthur St

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2325-2331 Arthur St

hollywood, FL 33020
Asking Price
$2.94M
Asset Type
Multifamily
Class
Class B

What's Special

2325-2331 Arthur St is located in Hollywood, Florida, situated within a residential pocket near the Hollywood Hills area. The property offers proximity to major transit routes, including I-95 and the Florida Turnpike, facilitating commutes to Fort Lauderdale and Miami. Local amenities include the Hollywood Beach Broadwalk and various retail centers along Hollywood Boulevard and Federal Highway. The surrounding neighborhood is characterized by a mix of single-family homes and mid-sized apartment buildings. This multifamily asset is positioned for long-term rental use, catering to a workforce tenant profile seeking proximity to regional employment hubs. The location is suitable for commuters employed in the aviation, healthcare, or maritime industries due to its accessibility to Fort Lauderdale-Hollywood International Airport and Port Everglades. The building layout supports residential occupancy for individuals or small households looking for suburban-style living with urban connectivity.

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NOI
$80,000
Cap Rate
2.73%
DSCR
0.46
Underwater
Cash-on-Cash
-10.70%
Monthly Payment
$14,520.779
Annual Cash Flow
$-94,249.343

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