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6 Units West Coral Springs 10201 NW 35th St 6 Unit Apartment Building $2,451,781 CAD ($408,630 CAD/Unit) 5.11% Cap Rate Coral Springs, FL 33065
Investment Highlights
- Large Corner Location
- Hurricane Impact Windows & Doors
- Centrally Located
Executive Summary
Fantastic Find In The Heart Of Coral Springs! This Well-Maintained 6-Unit Multifamily Property Sits On An Oversized Corner Lot Spanning 14,866 Sq Ft And Offers An Excellent Unit Mix Consisting Of Two 3-Bedroom / 2-Bath Units, Two 2-Bedroom / 2-Bath Units, And Two 1-Bedroom / 1 and 1/2-Bath Units. Most Units Have Been Tastefully Updated Over The Last Few Years With Modern Kitchens And Updated Flooring, Enhancing Both Appeal And Long-Term Value. The Building Features A 2007 Roof, Hurricane Impact Windows And Doors, And Central Air Conditioning Throughout. Rents Are Currently Below Market, Presenting A Strong Upside Opportunity For Increased Cash Flow. The Property Generates A Current Gross Income Of $127,800, With Annual Expenses Of $36,320, Including Taxes Of $23,930, Lawn Maintenance Of $1,200, Insurance (No Wind) Of $5,250, Water Of $5,400, And House Electric Of $540, With Trash Included In Taxes. A Rare Opportunity To Acquire A Stable Asset In A Prime Coral Springs Location With Built-In Value-Add Potential.
Financial Summary (Actual - 2025) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$175,049
|
$32.49
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$175,049
|
$32.49
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$49,748
|
$9.23
|
| Net Operating Income |
$125,301
|
$23.26
|
Financial Summary (Actual - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $175,049 |
| Annual Per SF | $32.49 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $175,049 |
| Annual Per SF | $32.49 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $49,748 |
| Annual Per SF | $9.23 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $125,301 |
| Annual Per SF | $23.26 |
Property Facts
Amenities
Unit Amenities
- Air Conditioning
- Washer/Dryer
- Tile Floors
- Eat-in Kitchen
- Kitchen
- Refrigerator
- Range
- Family Room
- Lawn
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+2 | 2 | $3,082 CAD | - |
| 2+2 | 2 | $2,739 CAD | - |
| 1+1 | 2 | $2,055 CAD | - |
1 1
Moderately walkable
70/100
Moderately drivable
70/100
Limited public transit
30/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 48-41-16-06-1470 | Improvements Assessment | $0 CAD (2026) |
| Land Assessment | $0 CAD (2026) | Total Assessment | $1,324,969 CAD (2026) |
Property Taxes
Parcel Number
48-41-16-06-1470
Land Assessment
$0 CAD (2026)
Improvements Assessment
$0 CAD (2026)
Total Assessment
$1,324,969 CAD (2026)
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6 Units West Coral Springs | 10201 NW 35th St
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