12% cap rate amazing opportunity for investors wishing to do vacation rentals. Zoned for hotel, completely remodeled 8 units that consist of 3 one bedroom units and 5 studio units. Impact windows throughout! ! ! You do not need a vacation rental license to perform business in this unit. It is allowed per hollywood zoning laws. Units are fully rented by airbnb and have a good database of repeated customers. Roof is new and units are fully remodeled with porcelain floors, spot lights and brand new bathrooms. Seller will provide all the current bookings for next months so new buyer can earn income right from closing date. One bedroom units are currently rented for 150-200 dollars a day and studios 100-150 a day, depending on holidays and days of the week. Steps to ocean and restaurants.