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1.65 acres in Broward County, Florida

6028 Johnson St, Hollywood, Florida 33024 - Broward County
$2,999,000 1.65 Acres
Property ID 3045117


Royal Garden has 50 leasable pads with 41 current tenants. There is very little maintenance with low operating expenses. It is very feasible this location can be developed into a residential apartment building, or commercial project. The actual NOI is $240,000 annually which provides an investor a strong cap rate of 9% at the full asking price of $2,999,000. Please do not disturb any of the current tenants, all showings must be done by discrete drive by only. See attached package for full info.


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West of 441 on Johnson Street

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John DeMarco

Re/Max Executive Realty

1939 Hollywood Blvd
Hollywood, FL 33020-4508

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