10675 Royal Palm Boulevard
$2,499,000
10675 Royal Palm Boulevard, Coral Springs, FL 33065
195,911
NOI
8,407 sqft
Building Size
Details:
Highlights:
- Lot Features: 1/4 To Less Than 1/2 Acre Lot, Corner Lot, Less Than 1 Acre
- Number Of Buildings: 1
- Bathrooms Total: 0
- Documents Available: Rent Rolls
- Cooling: Central Individual A/C, Central Air
- Heating: Central Individual A/C
- Electric: 100 Amp Service
- Construction Materials: CBS Construction
- Parking Features: Assigned, Guest
- Security Features: Other Fire Protection, Other
- Insurance Expense: 15000
Description:
Fantastic Find In The Heart Of Coral Springs! This 7-Unit Property Sits On Nearly Half An Acre And Offers A Prime Corner-Lot Location. The Property Consists Of One Spacious 3 Bedroom, 2.5 Bath Townhome, Four 3 Bedroom, 2-Bath Units, And Two - 2 Bedroom, 2-Bath Units. Current Rents Are Well Below Market, Creating Tremendous Upside Potential. Every Unit Includes Washer And Dryer, A Private Patio Or Balcony, And Separate Electric Meter, Helping Maximize Rental Income. Projected Annual Gross Income Is $240,000, With Total Estimated Annual Expenses Of $68,389. Estimated Expenses Include Landscaping Of $4,800, Insurance Of $12,000, Water Of $5,400, And Electric Of $1,560. All Information Is Believed To Be Accurate But Is Not Guaranteed.
Location
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