Updated over 7 years ago on . Most recent reply
New Off-Market Fourplex in Coral Springs, Turnkey and Rented
Contact for further details.
Price: $615,000 CASH or Hard Money ONLY
Est. Rehab: $0
ARV: $660k-750k
Est. MKT. Rent $6,000/month
Current Cap: 8%+
Current Rent $5,500/month
Layout: (3969 sqft, 8800 sqft lot )
Fantastic off-market 4-plex in excellent Coral Springs location. CBS property is cash flowing nicely with room to increase below-market rents. Property is fully legal with separate meters, featuring central AC, SS appliances in kitchen and roof only 5 yeras old.
Clean and clear.
Currently Rented @ $1,375/mo each
Market rent is $1,500/mo
4161 NW 114 Terrace – Lease End : 01/13/2018 / M2M
4163 NW 114 Terrace – Lease End : 05/08/2018
4165 NW 114 Terrace – Lease End : 06/25/2018
416 NW 114 Terrace – Lease End : 07/25/2018
Sold Comps:
3680 NW 116th Terr-fourplex -sold $665K
(4) 3/2
3501 NW 114th Ln -fourplex -active $739K
(4) 3/2