10120 nw 36th stCoral Springs, FL 33065

$6,500,000Price
23,622 Sq.Ft.$275 / Sq.Ft.
23,622Sq.Ft.
$275per Sq.Ft.
OverviewLocationBuilding informationProperty InfoPublic Records
$6,500,000Price
23,622$275.17 / Sq.Ft.

10120 nw 36th stCoral Springs, FL 33065

Description

Jacob Apartments is an excellent boutique value-add investment opportunity featuring - 20 oversized apartment units consisting of 12 two- and 8 three-bedroom units averaging 1,181 square feet. The property is located in the heart of Coral Springs, surrounded by affluent demographics and highly rated public schools. Built in 1975, the property is 100% occupied with effective rents of $2,200 per unit - $1.86 PSF. Market rents are $2,397 per unit - $2.03 PSF. 5 of the 20 units have been renovated with market rents of $2,510 per unit - $2.13 PSF. A new buyer can either move all units to market rents which provide $47,000 in loss to lease upside, and/or look to renovate the 15 non renovated units and get $74,000 in additional value add upside.

Property Details for 10120 NW 36th St

  • Num Of Parking Spaces38
  • Property AttachedNo

LISTING UPDATED:

  • StatusActive
  • MLS #A11599836
  • Days on Site370
  • Taxes$69,851 / year
  • MLS TypeCommercial Sale
  • Year Built1975
  • Lot Size1.09 Acres
  • CountryBroward County

Location

FLCoral Springs3306510120 NW 36th St

Listing Courtesy of CBRE, Inc. - Periklis Synanidis

LISTING UPDATED:

  • StatusActive
  • MLS #A11599836
  • Days on Site370
  • Taxes$69,851 / year
  • MLS TypeCommercial Sale
  • Year Built1975
  • Lot Size1.09 Acres
  • CountryBroward County

Building Information for 10120 NW 36th St

Payment Calculator

$40,417 per month30 year fixed, 7.00% Interest
Principal and Interest$34,595.73
Property Taxes$5,820.92
HOA Dues$0

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Property Information for 10120 NW 36th St

Summary

Location and General Information

  • Coordinates: 26.2743427,-80.2613234

School Information

    Taxes and HOA Information

    • Parcel Number: 484116061200
    • Tax Legal Description: CORAL SPRINGS LAKES 68-12 B LOTS 14,15,16 & 17 BLK F

    Virtual Tour

      Parking

      • Open Parking: No

      Interior and Exterior Features

      Interior Features

      • Basement: None

      Exterior Features

      • Pool Private: Yes

      Property

      Utilities

        Property and Assessments

        • Home Warranty: No

        Green Features

          Lot Information

            Multi Family

            • Number of Units To Be Built: Square Feet

            Rental

            Rent Information

            • Land Lease: No

            Public Records for 10120 NW 36th St

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