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Golfview Flats 8445 Springtree Dr 72 Unit Apartment Building For Sale Sunrise, FL 33351
Executive Summary
Berkadia Real Estate Advisors is pleased to present the opportunity to acquire Golfview Flats (the “Property”), a 72-unit value-add multifamily community located in Sunrise, Florida.
The Property consists of exclusively one- and two-bedroom floorplans, featuring oversized layouts averaging 1,100 square feet for one-bedrooms and 1,390 square feet for two-bedrooms. With average in-place rents of $2,110, Golfview Flats offers an attractive opportunity for a buyer to capture upside through interior renovations. The Property has recently undergone significant capital improvements, including roofing, plumbing, HVAC systems, elevator modernization, and more, positioning a new owner to focus investment directly on unit upgrades from day one.
The Property consists of exclusively one- and two-bedroom floorplans, featuring oversized layouts averaging 1,100 square feet for one-bedrooms and 1,390 square feet for two-bedrooms. With average in-place rents of $2,110, Golfview Flats offers an attractive opportunity for a buyer to capture upside through interior renovations. The Property has recently undergone significant capital improvements, including roofing, plumbing, HVAC systems, elevator modernization, and more, positioning a new owner to focus investment directly on unit upgrades from day one.
Property Facts
| Sale Type | Investment | Lot Size | 3.24 AC |
| No. Units | 72 | Building Size | 101,407 SF |
| Property Type | Multifamily | Average Occupancy | 85% |
| Property Subtype | Apartment | No. Stories | 4 |
| Apartment Style | Mid-Rise | Year Built | 1976 |
| Building Class | C | Parking Ratio | 2.96/1,000 SF |
| Zoning | RM-16 | ||
| Sale Type | Investment |
| No. Units | 72 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 3.24 AC |
| Building Size | 101,407 SF |
| Average Occupancy | 85% |
| No. Stories | 4 |
| Year Built | 1976 |
| Parking Ratio | 2.96/1,000 SF |
| Zoning | RM-16 |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Dishwasher
- Disposal
- Washer/Dryer
- Heating
- Kitchen
- Hardwood Floors
- Refrigerator
- Oven
- Stainless Steel Appliances
- Range
- Tub/Shower
- Views
- Walk-In Closets
- Breakfast Nook
- Deck
- Patio
Site Amenities
- 24 Hour Access
- Controlled Access
- Pool
- Property Manager on Site
- Tenant Controlled HVAC
- Maintenance on site
- Golf Course
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 8 | - | 1,100 |
| 2+2 | 64 | - | 1,390 |
Moderately walkable
60/100
Very drivable
80/100
Minimal public transit
10/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 49-41-21-03-0252 | Improvements Assessment | $11,544,200 |
| Land Assessment | $1,129,920 | Total Assessment | $12,674,120 |
Property Taxes
Parcel Number
49-41-21-03-0252
Land Assessment
$1,129,920
Improvements Assessment
$11,544,200
Total Assessment
$12,674,120
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Golfview Flats | 8445 Springtree Dr