Just Sold | 19 Units | Hollywood | Federal Hwy
October 29, 2017
The Sunray Lodge contains 17 studio/efficiencies, 2 (1/1) apartments and two folios. The property is in excellent condition with fantastic exposure on US-1/Federal Highway. The security gate provides access to it's well-manicured courtyard complete with patio areas, picnic tables and second-story mezzanine for sunbathing. It must be noted that more than half of its occupants are considered long-term tenants with moving dates ranging between 2005 - 2015.
The subject property provides a unique opportunity to capitalize on the gentrification of Hollywood, the rezoning of Federal Highway as well as acquiring a 19-unit asset