Das Apartments II 7523 NW 44th Court 4 Unit Apartment Building $1,449,913 CAD ($362,478 CAD/Unit) 4.45% Cap Rate Coral Springs, FL 33065

Marcus & Millichap, as the exclusive listing agent, is excited to bring to market Das Apartments II located at 7523 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 II is comprised of one, two-story fourplex apartment building situated on a 0.18-acre parcel. The property was built in 1973 of concrete block construction with a pitched roof and offers an ideal unit mix of all two-bedroom, one-bathroom units. The property includes 8 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 II 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.