SUN BEACH INN 9 UNITS

RECENTLY RENNOVATED!

ASKING PRICE: $2,500,000

309 OKLAHOMA STREET HOLLYWOOD, FLORIDA 33019

ANNUAL PROFIT & LOSS MAY ’15 – APR ‘16

6.08% CAP RATE

NEIGHBHORHOOD ANALYSIS Hollywood is a city in Broward County, Florida that is between Fort Lauderdale and Miami. The average temperature is between 83 and 68 degrees. As of 2013 Hollywood has a population of 146,526. Founded in 1925, the city grew rapidly in the 1950s and 1960s, and is now the twelfth largest city in Florida. Hollywood is a principal city of the Miami Metropolitan Area, which was home to 5,564,635 people at the 2010 census. Hollywood is located in southeastern Broward County, and includes about 5 to 6 miles (8.0 to 9.7 km) of Atlantic Ocean beach, interrupted briefly by a portion deeded to Dania Beach. It is bounded by the following municipalities: To the north: Fort Lauderdale Dania Beach To the northwest: Davie Cooper City

To the west: Pembroke Pines To the southwest: Miramar

To the south: West Park Pembroke Park Hallandale Beach Miami

Hollywood is filled with about 60 parks, seven golf courses, and beaches that run for miles. The famous Hollywood Beach has been known for its great boardwalk that extends to about 2.5 miles along the Atlantic Ocean. Countless restaurants and hotels line the boardwalk with a theatre, children's playground, and many other attractions. All kinds of people fill the boardwalk including bikers, joggers, rollerbladers, runners, and walkers.

Hollywood Beach Boardwalk • 2.5 mile beachside Boardwalk • Over 50 restaurants for any taste • Over 30 boutiques and shops • 3 oceanfront resorts • Nearly 30 Superior Small Lodging hotels • 3 oceanfront parks • FREE weekly live music series Award-Winning Hollywood Beach Nestled between Fort Lauderdale and Miami is Hollywood, a classic Florida beach town that's enchanted visitors since the 1920s. A trip Advisor Traveler's Choice Winner, Hollywood Beach features a one-of-a-kind oceanfront promenade called the Hollywood Beach Boardwalk that stretches nearly two and a half miles along the Atlantic. Named one of America's Best Beach Boardwalks by Travel + Leisure magazine, this brick-paved thoroughfare is a haven for joggers, bicyclists, roller-bladers and all who'd prefer to take in the action from the comfort of one of the countless eateries and cafés along the way.

The easy ocean access and village-like feel make this a can't miss destination with numerous highly-rated restaurants, small inns and hotels right on the Boardwalk adding to its yesteryear charm. Family dining becomes stress-free, as Moms and Dads kick back to enjoy a seaside meal while their little ones entertain themselves in the sand just steps away. Two Boardwalk parks attract kids of all ages to play paddleball at the historic Garfield Street courts or cool off in the whimsical dolphin play fountain. The Clean Beaches Council, a national coastal group in Washington DC, has presented its first-ever "Most Innovative Beach" awards to Broward County. Hollywood Beach is among the first in Florida to be designated Blue Wave Beaches, a distinction that places them among the nations cleanest, safest and most user-friendly beaches.

Dining and Entertainment District - Downtown Hollywood. Characterized by quaint sidewalk cafés, brick-lined walks, and six blocks of unique boutiques, shops, art galleries and dozens of excellent restaurants along Hollywood Boulevard and Harrison Street, this pedestrian-friendly environment is the perfect place to enjoy South Florida. Just minutes from the beach, the Downtown Hollywood, FL district is on the National Register of Historic Places and is the backdrop for year-round festivals, street markets, and entertainment. If it's nightlife and clubs you crave, nobody does it better than Hollywood. Get a taste of South Florida's international music and culture with live jazz, blues, rock, Latin, and R&B. Bars and clubs are concentrated tightly here, allowing you to enjoy a variety of experiences just a few steps apart. Order a refreshing cocktail and find out why Downtown Hollywood is just as fascinating at night as it is during the day. Hollywood Trolley Come and explore the many things to see and do in Hollywood. From dining and cultural activities in Historic Downtown to exploring our good nature in North Beach and oceanfront dining, shopping and recreation in central and south beach, you'll see why Hollywood has been named an All-America city and one of Fodor's best beaches for families. The Hollywood Trolley is extremely popular. We had over 70,000 passengers in 2012, over 80,000 passengers in 2013, and over 100,000 passengers in 2014! The Hollywood Trolley provides a public transportation service to improve mobility, enhance the visitor experience and ease parking demand and traffic congestion. This service is funded through a Public Transport Service Development Grant from the Florida Department of Transportation with matching funds from the Hollywood Community Redevelopment Agency and its funding partners: City of Hollywood, Broward County, Children's Services Council and South Broward Hospital District. Water Taxi Weave along the Intracoastal Waterway aboard Fort Lauderdale/Hollywood renowned water taxi, seeing firsthand why this sunny destination is called the “Venice of the Americas.” A convenient on-site Water Taxi stop at the 5 o’Clock Somewhere Bar & Grill provides access to Las Olas, Galleria Mall and exciting dining, shopping and entertainment venues.

Arts and Culture Vizcaya Museum and Gardens An Italian estate built in the subtropical setting of Miami; Vizcaya is one of the most magnificent museums to visit in the United States. It was built as the private winter home of American businessman James Deering in the early 1900s. Open year round, Vizcaya features an architecturally significant Main House with 34 decorated rooms, ten acres of formal gardens and diverse collections including European antiquities, American art commissioned in the 1900s and century-old plants. The estate is unusual for retaining so much of its original character, configuration and collections. Arts Park at Young Circle Featuring 10 acres of lush green space, jogging grounds, a children’s play area and interactive fountain, this revolutionary park is an ideal area to unwind, soak in the sun and enjoy a relaxing picnic. Art and Culture Center of Hollywood Interested in getting in touch with your artistic side? Take in Hollywood’s contemporary exhibitions, live stage performances and educational workshops. Broward Center for the Performing Arts Overlooking the New River in downtown Fort Lauderdale, this premier performing arts venue hosts Broadway musicals, operas, ballets, concerts, plays, multi-cultural performances, lectures, workshops and educational events. Bonnet House Museum and Gardens Nestled among miles of beachfront development are 35 acres of a pristine barrier island ecosystem. The Main House is filled with a collection of art and the personal treasures of the Birch/Bartlett families.

Shopping Las Olas Boulevard Checkout the posh boutiques along this busy shopping and dining boulevard, and people watch at a quaint street-side cafe. Galleria Mall From Abercrombie to Zales, The Galleria at Fort Lauderdale is the premier shopping destination for anyone and everyone. Sawgrass Mills Outlet North America’s largest outlet mall with more than 400 retailers including full service-restaurants, entertainment venues and internationally recognized stores and the most sought after luxury outlets.

Gulfstream Park Filled with restaurants, shops, galleries, horse racing and a casino, The Village at Gulfstream Park is the ideal all-day hangout with options for the whole family. Aventura Mall Check out the shopping at South Florida’s largest independent mall Bal Harbour Shops If you are looking for luxury at its finest, look no further than Bal Harbour Shops’ exquisite collection of designer boutiques and restaurants.

Sports BB&T Center The BB&T Center is the preeminent sports and entertainment venue in Florida, and among the best in the world. Hosting more 200 events annually including Florida Panthers hockey, the BB&T Center annually ranks among the top 10 venues in the United States. SunLife Stadium Home of the Miami Dolphins National Football League team and the University of Miami Hurricanes football team, SunLife Stadium also hosts the Orange Bowl, an annual college football bowl game. Marlins Park Take me out to the ballgame! Home of the Miami Marlins, the Marlins Park is a unique and vivid baseball park located in Miami about 20 miles from the resort. The 37,000-seat Major League Baseball facility includes a retractable roof to keep you cool and dry all summer long. To enhance your baseball experience, Miami-style, the Clevelander, a South Beach-themed nightclub and pool area offers the energy and excitement to keep you going all through the night! Marlins Park is truly the best way to experience baseball in South Florida! AmericanAirlines Arena Home of the Miami Heat, the AmericanAirlines Arena is one of the nation’s premier facilities in sports and entertainment and a center of activity in South Florida. Located in Downtown Miami on the waterfront of Biscayne Bay, the Arena is positioned between the skyline of the city, the beautiful beaches and the nightlife of South Beach.

Gaming Gulfstream Park There is plenty to do with horse racing and casino gaming, restaurants, shops, galleries, and entertainment. Seminole Hard Rock Casino Hollywood Win big in the 130,000 – square-foot casino, with slot machines, table games and poker room, shops, dining and entertainment. Open 24 hours daily.

Mardi Gras Casino and Racing, Hallandale Beach Enjoy greyhound racing, gaming, dining and entertainment. Family Fun Dave & Buster’s Young at Arts Museum of Discovery & Science Miami Children’s Museum Golf Diplomat Golf and Tennis Center The Club at Emerald Hills Jacaranda Golf Club Grande Oaks

Fishing Charters With so many miles of waterfront, the Hollywood Fort Lauderdale Area is fishing paradise for serious anglers or casual fishermen just looking for a day of relaxation on the water. A great activity for corporate outings, family reunions or pre-wedding festivities, this is a welcome addition to a vacation or business event. Sailing Beginner or experienced sailors will find challenging and fun sailing experiences from sailing on North Lake to sailing in Catamarans in the ocean. Diving If you are a fan of snorkeling or scuba diving, add a morning or afternoon of off-shore diving in the turquoise waters of Greater Fort Lauderdale to your itinerary. Surf Fishing More than a dozen beaches along the Broward County coastline permit surf fishing. Check the myfwc.com for fishing license requirements. Hallandale Beach Keating Park Hollywood North Beach Park North Ocean Park Pompano Beach Fort Lauderdale Beach Park Dania Beach Ocean Park