7525 NW 44th Court - Apartments FOR SALE


Coral Springs, FL 33065- The Dells
$1,050,000 USD
954-245-3488
7525 NW 44th Court, Coral Springs, FL for Sale
$1,050,000 USD
Apartments - FOR SALE
1/9
null | 4.45% Cap Rate

7525 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 I located at 7525 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 I is comprised of one, two-story fourplex apartment building situated on a 0.17-acre parcel. The property was built in 1973 of concrete block with a pitched roof and offers an ideal unit mix of all two-bedroom, one-bathroom units. The property includes 7 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 I 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 I

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

7

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,570 SF

ZONING

Multifamily Residential

APN/PARCEL ID

48-41-14-04-1460

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.