7523-7625 NW 44th Ct - Apartments FOR SALE


Coral Springs, FL 33065- The Dells
$2,250,000 USD
954-245-3488
7523-7625 NW 44th Ct, Coral Springs, FL for Sale
$2,250,000 USD
Apartments - FOR SALE
1/10
null | 4.01% Cap Rate

7523-7625 NW 44th Ct
Coral Springs, FL 33065
The Dells


HIGHLIGHTS

  • Excellent Coral Springs Location
  • Ideal Unit Mix of all Two-Bedroom Apartments
  • All Units are Separately Metered for Water
  • Central Heat and Air-Conditioning

OVERVIEW

Marcus & Millichap, as exclusive listing agent is excited to bring to market Das Apartments located at 7525 and 7523 NW 44th Court ideally situated north of Sample Road and east of North University Drive in the highly sought-after market of Coral Springs, Florida. A well-established city in Broward County, Coral Springs is located approximately 20 miles northwest of Fort Lauderdale and is a principal city within the Miami metropolitan area. Situated near the Everglades, Coral Springs combines suburban livability with access to South Florida’s major employment centers and transportation corridors. Encompassing roughly 25 square miles, the city is home to more than 134,000 residents and features a diversi?ed economy anchored by healthcare, ?nancial services, retail, professional services, logistics, and advanced manufacturing. Major employers include Fiserv, Broward Health of Coral Springs, ABB Optical, and Broward County Schools, alongside a broad base of national retailers and service providers. Coral Springs’ 442-acre Commerce Park, located directly off the Sawgrass Expressway, serves as a key employment node and is home to several corporate headquarters and manufacturing operations. Das Apartments is comprised of two, two-story fourplex apartment buildings situated on a 0.35-acre parcel. The properties were built in 1973 of concrete block with pitched roofs and offer an ideal unit mix of all two-bedroom, one-bathroom units. The property includes 15 parking spaces and features two on-site laundry areas, which are currently not being utilized.

FOR SALE DETAILS

PRICE

$2,250,000 USD

PRICE/SF

$241 USD /SF

# OF UNITS

8

PRICE/UNIT

$281,250

CAP RATE

4.01%

% 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

1973

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.34 AC

LAND SF

15,000 SF

ZONING

-

APN/PARCEL ID

48-41-14-04-1450

ASK ABOUT THIS PROPERTY

Brandon RexMarcus & MillichapMore Info
954-245-3488

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Brandon RexMarcus & MillichapMore Info
954-245-3488

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