3775 NW 116th Ter - Apartments FOR SALE


Coral Springs, FL 33065- Outer Coral Springs
$1,249,000 USD
954-234-7653
3775 NW 116th Ter, Coral Springs, FL for Sale
$1,249,000 USD
Apartments - FOR SALE
1/58
null | 6.94% Cap Rate

3775 NW 116th Ter
Coral Springs, FL 33065
Outer Coral Springs


HIGHLIGHTS

  • Located In West Coral Springs
  • Most Units Updated

OVERVIEW

Fantastic Find!!! Money-Making 4-Plex In The Heart Of West Coral Springs. Grossing $10,250 Per Month With Room To Grow. Four Large 3-Bedroom Units, Strong Rents, Updated Interiors, In-Unit Washers And Dryers, Plenty Of Parking, And A Prime Location Next To A City Park With Beautiful Views. Recent Updates Include Newer Kitchens, Renovated Bathrooms, Laminate Flooring, And Select Units With Granite Counters And Stainless-Steel Appliances. Strong Income-Producing Multifamily Property In One Of Coral Springs' Most Desirable Rental Areas. Annual Expenses Include Taxes: $23368, Water: $4560, Estimated Insurance: $7500, Estimated Lawn: $900. Trash Is Included In Taxes. Total Estimated Expenses Are $36328, Potential Net $86,672.00, Offering Almost A 7% Cap.

FOR SALE DETAILS

PRICE

$1,249,000 USD

PRICE/SF

$327 USD /SF

# OF UNITS

4

PRICE/UNIT

$312,250

CAP RATE

6.94%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1976

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

10,019 SF

ZONING

RM-15

APN/PARCEL ID

48-41-17-06-0640

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.