Am azing renovat ed 8-unit invest m ent proper t y in Hallandale Beach. The building is well-m aint ained and fu lly occupied. Fant ast ic for exper ienced or beginner invest ors w it h Gross ret urns of 9.67% at ask ing pr ice. Rent s are below-m arket and can be im proved w it h m any new developm ent s in t he im m ediat e area.

- Recently painted exterior in contemporary grey, white and red color scheme

- New tables and benches in the courtyard- Recently renovated units- Fully Occupied building- Off-street parking for each unit, a rarity in the area.

Exclusively Represented by:The Brissi Group

EWM Realty International419 W 41st St, Miami Beach, FL 33140www.BrissiGroup.com

WELL-MAINTAINED INVESTMENT

PROPERTY IN FAST-GROWING

HALLANDALE BEACH, FL.

List ed for $978,000

RECENTLY RENOVATED APARTMENTS

8 unit building consist ing of :

- 4 1 Bed/1 Bat h apar t m ent s each w it h fenced in pr ivat e pat ios- 4 St udio Apar t m ent s

Year Built : 1955

Lot Size: 8616 square feet

Park ing: 8 Of f -st reet Park ing Spaces

Am enit ies: On-sit e Laundry

- Earn ext ra incom e f rom t he Laundry Machines (cur rent ly around

$2500 annually)

Hurr icane Shut t ers Inst alled

- Save BIG on Proper t y Insurance cost s w it h Hur r icane Shut t ers

inst alled.

CBS Const ruct ion

Gas Appliances

- Great am enit y and also saves m oney for t he landlord.

Proper t y is cur rent ly l icensed as a non-t ransient apar t m ent

allow ing rent als as shor t as 30 days. This could be changed t o a

t ransient apar t m ent l icense allow ing shor t t erm rent als via

AirBNB, VRBO, Hom eaway, or sim ilar .

Proper t y Feat ures

Hallandale Beach"Progress. Innovat ion. Oppor t unit y. Cit y of Choice."

- Locat ed in Broward Count y, just nor t h of t he Miam i-Dade count y l ine

- One of t he fast est grow ing cit ies in m et ro Miam i w it h a cur rent populat ion of 39,500.

- Hom e t o Mardi Gras Casino, Gulfst ream Park Racet rack and Casino, Diplom at Golf

Course, and m uch m ore.

New Project s Built , Under Const ruct ion, and Proposed in Hallandale Beach

- At lant ic Vil lage - a $17 million USD project with 32,000 square feet of retail and office space.

- At lant ic Vil lage II - Phase 2 of the Atlantic Village project with an additional 35,000 square feet of commercial space.

- Vil lage of Bluest en Park - $10 Million USD 45 unit rental project.- 2000 Ocean - Beach-front luxury condominium tower with pricing starting from $2.8 Million to

over $10 Million.- Nine Hundred - 23-story 415,882 square feet mixed-use tower with 320 residential units, 150

room Marriott-branded hotel, and 5,595 square feet of retail space.- Chat eau Square - $375 Million USD Mixed-use project consisting of two 40-story towers with

726 residential units, 280 hotel rooms, retail, and office space.- Hallandale Ar t Square - 8 acre mixed use project featuring 6 buildings that will include 358

rental apartments, fitness center, resort-style pool and 12,000 square feet of retail.- Beacon Hallandale - 70,000 square foot class-A office building with 80 office condo units.- Beachwalk - 34-story condo-hotel with 300 units.

In t he Cent er of Everyt hing

Mardi Gras Casino

Gulfstream Park Racing and CasinoNine Hundred

Atlantic Ocean/Beach - 8 min drive

Chateau Square

ArtSquare Hallandale

Beacon Hallandale

Diplomat Golf Course

<-- I-95 - 10 min drive

Proper t y is locat ed east of US-1 and w it h in walk ing dist ance of shops and rest aurant s.

2 m iles f rom t he beach.

Easy access t o I-95 w it h in a 10 m inut e dr ive.

Incom e & Expenses - Cur rent and Pro Form a

Current Incom e

Pro Form a br inging Annual Rent s up t o Market Rat e

Pro Form a rent ing unit s shor t -t erm . Using a very conservat ive est im at e of 21 night s occupied per m ont h (70% occupancy rat e)

Apt #1 $1,100 $1,200 $125 per night x 21 night s = $2,625

Apt #2 $850 $900 $90 per night x 21 night s = $1,890

Apt #3 $800 $900 $90 per night x 21 night s = $1,890

Apt #4 $1,150 $1,200 $125 per night x 21 night s = $2,625

Apt #5 $1,000 $1,200 $125 per night x 21 night s = $2,625

Apt #6 $825 $900 $90 per night x 21 night s = $1,890

Apt #7 $850 $900 $90 per night x 21 night s = $1,890

Apt #8 $1,100 $1,200 $125 per night x 21 night s = $2,625

Tot al Mont hly Rent al Incom e

$7,675 $8,400 $18,060

Laundry Annual

$2,500 $2,500 $1,500

Gross Annual Incom e

$94,600 $103,300 $216,720

EXPENSES

Insurance -$2,380 -$2,380 -$2,380

Taxes -$11,800 -$11,800 -$11,800

Trash -$7,400 -$7,400 -$7,400

FPL -$3,450 -$3,450 -$3,450

Gas -$1,200 -$1,200 -$1,200

Com cast -$1,200 -$1,200 -$1,200

Tot al Annual Expenses

-$27,430 -$27,430 -$27,430

NOI $67,170 $75,870 $189,290

Ret urn % 6.87% 7.76% 19.35%

* Pro Forma numbers are estimates only. Market Rate rents based on currently available data from MLS in Hallandale Beach. Short Term numbers are based on an average found on AirBNB. Additional management expenses are likely necessary for short term rentals which not been accounted for in above numbers.

Exclusively Market ed by t he

Br issi Group of EWM Realt y Int ernat ional

Ben Br issi, ESQ

Broker-Associate

Brissi Group Founder

Mobile - 561-870-2211

Email - Ben@BrissiGroup.com

web - www.BrissiGroup.com

EWM Realty International - 419 W 41st St, Miami Beach, FL 33140

Zach Joslin

Realtor

Brissi Group Co-Founder

Mobile - 561-222-5240

Email - Zach@BrissiGroup.com

web - www.BrissiGroup.com