- MLS® #: A11692807
- 10901-10931 Royal Palm Blvd
- Coral Springs, FL 33065-6842
- $5,600,000
- Business
NEW
- MLS® #: A11599836
- N/a
- Coral Springs, FL 33065-2883
- $6,500,000
- Business
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.
View Virtual TourEssential Information
- MLS® #A11599836
- Price$6,500,000
- CAD Dollar$9,121,918
- UK Pound£5,121,864
- Euro€6,172,582
- Bathrooms0.00
- Acres0.00
- Year Built1975
- TypeBusiness
- Sub-TypeMulti Family
- StatusActive
Community Information
- AddressN/a
- Area3625
- CityCoral Springs
- CountyBroward
- StateFL
- Zip Code33065-2883
Interior
- # of Stories2
- StoriesTwo
- Office: Cbre, Inc.
N/a on www.jupiteroceanfrontcondos.us
Offered at the current list price of $6,500,000, this home for sale at N/a features 0 bedrooms and 0 bathrooms. This real estate listing is located in of Coral Springs, FL 33065-2883 . N/a is listed under the MLS ID of A11599836 and has been on the Coral Springs real estate market for 1 days.Similar Listings to N/a
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