315 Mckinley Street, Hollywood, FL 33019 — MLS photo

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315 Mckinley Street, Hollywood, FL 33019

Active · HotelMotel

$5,800,000

315 Mckinley Street, Hollywood, FL 33019

Beds
—
Baths
0
Living area
— sq ft
$ / sq ft
—
Year built
1952
Lot size
7,051 sq ft
HOA fee
—
Annual tax
—

About this property

AMAZING CORNER PROPERTY 80 FEET FROM THE BEACH, GREAT OCEAN VIEW, 4 LOTS, WITH PARKING, BEAUTIFUL 11 UNITS, GREAT MIX OF UNITS, RETURN CUSTOMERS, SO MANY THINGS CAN BE DONE TO ADD MORE INCOME,

Property location

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315 Mckinley Street, Hollywood, FL 33019

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Facts & features

Interior

Bathrooms
0

Exterior & Structure

Property type
HotelMotel
Year built
1952
Lot size
7,051 sq ft

Parking

Not provided in the MLS listing.

HOA, Community & Financials

County
Broward
MLS listing ID
F10476185
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$11,352

Cap rate
3.3%
Net yield
3.3%
Cash-on-cash return
-8.4%
Gross yield
6.6%
Mortgage payment
$27,495/mo
Down payment
$1,450,000
Loan amount
$4,350,000
Annual NOI
$193,720

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.