2204 Mckinley St

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2204 Mckinley St

Hollywood, FL 33020
Asking Price
$660K
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

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

  • Multifamily apartment building located in Hollywood, Florida
  • Property consists of three individual residential rental units
  • Offered for sale at a price of 660000 dollars
  • Asset provides potential for consistent rental income streams
  • Strategically positioned within the growing South Florida region

What's Special

Investors seeking to expand their residential holdings in the South Florida market will find this multifamily asset at 2204 Mckinley St in Hollywood, FL, a practical addition to an income-generating portfolio. Comprising three units, this apartment building provides a stabilized foundation for long-term rental revenue within a dense, accessible urban environment. The property benefits from the broader economic growth of Broward County, where demand for rental housing remains consistent due to the region's strong labor market and proximity to major coastal transit corridors. This asset type remains highly viable for those focused on small-scale multi-family management or value-add strategies. Situated within a convenient suburban landscape, the location offers residents easy access to essential local services and major thoroughfares. Prospective buyers should consider this entry-level investment for its potential to provide steady cash flow in a sought-after metro area. The building serves as a functional residential resource in a region characterized by steady population density and enduring commercial vitality.

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NOI
$80,000
Cap Rate
12.12%
DSCR
2.04
Strong
Cash-on-Cash
20.61%
Monthly Payment
$3,265.32
Annual Cash Flow
$40,816.161

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