April 29, 2022 – Hernando Perez of Horvath & Tremblay has arranged the sale of eight (8) multi-family units in Hollywood, Florida. Perez represented the seller to complete the transaction at a sale price of $1,080,000.
5926-5932 Pierce Street in Hollywood, Florida contains a total of eight (8) units in two buildings, consisting of six (6) 2-Bedroom/1-Bathroom units and two (2) 1-Bedroom/1-Bathroom units in 4,456 square feet living area on a 0.34-acre lot. The Property includes off-street parking for eight cars and the units have been well-maintained. This is a 100% occupied, turnkey asset with strong in-place income and long-term tenants. 5926-5932 Pierce Street is situated in an excellent location on the west side of Hollywood, with immediate access to an appealing array of restaurants, bars, retail and entertainment. The Property is conveniently located near a number of public transportation options and major roads including SR 7/441, Hwy 595, Hollywood Blvd., Sheridan Street, the Florida Turnpike, and I-75 & I-95.. The Property is in close proximity to the Seminole Hard Rock Hotel, the Hollywood/Fort Lauderdale International Airport, Port Everglades, the World-Famous Hollywood Beach Boardwalk, with ease of access to restaurants, shopping, public transportation and major roads.
Horvath and Tremblay is one of the most active and successful Investment Real Estate Brokerage firms in New England. Their advisors specialize in the sale of apartment buildings, mixed-use properties, and development projects. They have experience successfully structuring portfolio sales and 1031 exchanges. They have a dedicated buy side desk that provides real time inventory and market data to each individual client placing capital or fulfilling a 1031 exchange requirement. The firm is dedicated to being the best source of information and expertise in the marketplace for private investors, developers, institutions, and industry professionals.