7523 NW 44th Court - Apartments FOR SALE


Coral Springs, FL 33065- The Dells
$1,050,000 USD
954-245-3488
7523 NW 44th Court, Coral Springs, FL for Sale
$1,050,000 USD
Apartments - FOR SALE
1/14
null | 4.45% Cap Rate

7523 NW 44th Court
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

OVERVIEW

Marcus & Millichap, as the exclusive listing agent, is excited to bring to market Das Apartments II located at 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. Das Apartments II is comprised of one, two-story fourplex apartment building situated on a 0.18-acre parcel. The property was built in 1973 of concrete block construction with a pitched roof and offers an ideal unit mix of all two-bedroom, one-bathroom units. The property includes 8 parking spaces and features one on-site laundry area, which is currently not being utilized. The units offer central air-conditioning and separate hot water heaters. All units are separately metered for water; however, the owner currently pays the water bills, and tenants reimburse the owner in addition to rent. Electricity is also separately metered and paid directly by the tenants. Das Apartments II offers an investor the opportunity to acquire a property with an excellent unit mix of all two-bedroom units in a highly desirable and well-located market of Coral Springs.

FOR SALE DETAILS

PRICE

$1,050,000 USD

PRICE/SF

$331 USD /SF

# OF UNITS

4

PRICE/UNIT

$262,500

CAP RATE

4.45%

% LEASED

97%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Das Apartments II

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1973

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.19 AC

LAND SF

8,204 SF

ZONING

Multifamily Residential

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.