7525 NW 44th Court - Das Apartments I 4 Unit Apartment Building Offered at $1,050,000 at a 4.45% Cap Rate Coral Springs, FL 33065

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.