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11430-11442 NW 45th St 7 Unit Apartment Building $3,306,302 CAD ($472,329 CAD/Unit) 6.01% Cap Rate Coral Springs, FL 33065

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INVESTMENT HIGHLIGHTS

  • 6 Large Units + Townhome
  • Over Quarter Acre Lot
  • Laundry Income
  • On The Water

EXECUTIVE SUMMARY

Fantastic Find!!! 2 Story 7 Unit Apartment Building, In West Coral Springs On Over A Quarter Acre With Panoramic Views Of The Water! 6 Units Are Spacious 2 Bedroom 2 Bath & One Unit Is A Large 2 Bedroom 2 ½ Bath Townhome. Well-Maintained Building With Fresh Exterior Paint, An Updated Parking Lot, and Overall Excellent Condition. Each Unit Has Separate Electric Meters And Trash Is Included In The Taxes. Building Has Coin Operated Machines For Additional Income. Current Annual Gross Income Is Roughly Around $197,000 (Includes Laundry Income $200-300 monthly). Annual Expenses $52,276. Expenses Include Taxes: $32,889 Landscaping: $3,600 Wind Insurance: $9,607 Water: $5,340 Electric: $840. DISCLAIMER: All information is believed to be accurate but is not guaranteed.

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual $99,999
Annual Per SF $9.99
Vacancy Loss (CAD)
Annual $99,999
Annual Per SF $9.99
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual $99,999
Annual Per SF $9.99
Operating Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Price $3,306,302 CAD
Price Per Unit $472,329 CAD
Sale Type Investment
Cap Rate 6.01%
No. Units 7
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.36 AC
Building Size 7,456 SF
Average Occupancy 100%
No. Stories 2
Year Built 1983
Parking Ratio 1.07/1,000 SF
Zoning RM-15 - LOW MEDIUM DENSITY MULTIPLE-FAMILY

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+2 6 $18,378 CAD -
2+2.5 1 $3,867 CAD -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
48-41-17-02-0150
Land Assessment
$153,263 CAD (2025)
Improvements Assessment
$1,909,763 CAD (2025)
Total Assessment
$2,063,026 CAD (2025)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2024
  • Listing ID: 37590418

  • Date on Market: 2025-09-08

  • Last Updated:

  • Address: 11430-11442 NW 45th St, Coral Springs, FL 33065

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