Commercial Real Estate in Florida
Good afternoon, Kristine Flook over here, Urbanize Properties. I am the specialist for all properties Commercial Real Estate in Florida. Chances are you landed here on my page and checking this building out in Hollywood. Again, kristineurbanizeproperties.com, commercial real estate in Florida.
It’s 11-unit building behind me, 10 one-one’s and one two-one. The owner inherited it from his family. And again, chances are you landed here today, because I am commercial real estate in Florida. The property behind me was built in 1925. It has staircases on both entrances. There’s one in the front and one in the back. Is also a second building that you see over here. So, it’s a total of 11 units. The rents are low. It’s a value-add. It needs work. The roofs are flat roofs.
So, the tip here that I have for you is make sure that you do comps when you’re comparing apples to apples. You want to buy properties that are comparable, same condition. There’s definitely a value-add here. It’s probably somewhere around 300,000. Again, you landed here today because you’re looking for commercial real estate in Florida. Kristine Flook. Let me know how I can be of help to you. Don’t forget to hit the subscribe button. Look forward to talking with you about other properties here, commercial real estate in Florida, Urbanize Properties.