11430-11442 NW 45th St - Apartments FOR SALE


Coral Springs, FL 33065- Outer Coral Springs
$2,390,000 USD
954-234-7653
11430-11442 NW 45th St, Coral Springs, FL for Sale
$2,390,000 USD
Apartments - FOR SALE
1/104
null | 6.01% Cap Rate

11430-11442 NW 45th St
Coral Springs, FL 33065
Outer Coral Springs


HIGHLIGHTS

  • 6 Large Units + Townhome
  • Laundry Income
  • Over Quarter Acre Lot
  • On The Water

OVERVIEW

Fantastic Find!!! 2 Story 7 Unit Apartment Building, In West Coral Springs On Over A Quarter Acre With Panoramic Views Of The Water! 6 Units Are Spacious 2 Bedroom 2 Bath & One Unit Is A Large 2 Bedroom 2 ½ Bath Townhome. Well-Maintained Building With Fresh Exterior Paint, An Updated Parking Lot, and Overall Excellent Condition. Each Unit Has Separate Electric Meters And Trash Is Included In The Taxes. Building Has Coin Operated Machines For Additional Income. Current Annual Gross Income Is Roughly Around $197,000 (Includes Laundry Income $200-300 monthly). Annual Expenses $52,276. Expenses Include Taxes: $32,889 Landscaping: $3,600 Wind Insurance: $9,607 Water: $5,340 Electric: $840. DISCLAIMER: All information is believed to be accurate but is not guaranteed.

FOR SALE DETAILS

PRICE

$2,390,000 USD

PRICE/SF

$321 USD /SF

# OF UNITS

7

PRICE/UNIT

$341,429

CAP RATE

6.01%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1983

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.36 AC

LAND SF

15,682 SF

ZONING

RM-15

APN/PARCEL ID

48-41-17-02-0150

ASK ABOUT THIS PROPERTY

Carlos MontoyaFidelity Real Estate GroupMore Info
954-234-7653

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Carlos MontoyaFidelity Real Estate GroupMore Info
954-234-7653

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.