This Multifamily Property is no longer advertised on LoopNet.com.

9010 NW 38th Dr
Coral Springs, FL 33065
Multifamily Property For Sale · 4 Units

Property Facts

No. Units 4
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.32 AC
Building Size 3,328 SF
No. Stories 1
Year Built 1968
Zoning RM-20 - resi multifamily

About 9010 NW 38TH DR , CORAL SPRINGS, FL 33065

Amazing Find! 4Plex In The Heart Of Coral Springs. Three Units Are 2 Bed 1 Bath & One 1 Bed 1 Bath. Units Have Central A/C. Some Units Have Updated Kitchens & Bathrooms. Building Is In Excellent Condition With Community Coin Laundry For Additional Income of Around $250 Monthly. Rents Are Way Below Market. Current Annual Income Including Laundry is $55,200 Proforma Income: $69,600. Total Expenses: $18,413. Expenses Include Taxes: $10,773 Lawn: $840 Insurance: $4,000 Water: $2,800. NOI: $36,787. Current Cap is 5.8%. Proforma Cap 8%

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 1 $1,150 -
2+1 3 $1,025 -

Property Taxes

Property Taxes

Parcel Number
48-41-15-03-0790
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$772,610
  • Listing ID: 15845890

  • Date on Market: 4/25/2019

  • Last Updated:

  • Address: 9010 NW 38th Dr, Coral Springs, FL 33065

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