Bought with Stateland Brown Holdings
$1,062,500
$1,200,000
11.5%For more information regarding the value of a property, please contact us for a free consultation.
6 Baths
5,830 SqFt
SOLD DATE : 10/16/2019
Key Details
Sold Price $1,062,500
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 5,830 sqft
Price per Sqft $182
Subdivision Coral Springs Sample Road Commercial
MLS Listing ID RX-10542984
Sold Date 10/16/19
Construction Status Resale
Year Built 1973
Annual Tax Amount $21,984
Tax Year 2018
Lot Size 0.500 Acres
Property Description
Here is your Opportunity to purchase a fully lease well establish & maintain Strip Center. This property provides an investor with the opportunity to acquire an extremely well-located, stabilized asset with significant ease of management. An investor has the opportunity to obtain cash flow cap rate over 7.3%, while benefiting from the capital appreciation that the property will experience over time. All units have their own private bathrooms. Open parking maintained from the city in the front, private parking lot for the tenants in the back. Building is very well maintained. Fantastic location and open exposure to Sample Rd that benefits all of your tenants.
Location
State FL
County Broward
Area 3622
Zoning COMM
Interior
Heating Central, Electric
Cooling Central Individual
Flooring Tile
Fireplaces Type Smoke Alarm
Exterior
Community Features City Jurisdiction
Utilities Available 220, Electric, Public Sewer, Public Water, Separate Meter, Underground
Waterfront Description Interior Canal
Roof Type Comp Rolled,Comp Shingle
Present Use City Jurisdiction
Building
Story 100.00
Foundation Block, Concrete, Frame, Stucco
Construction Status Resale
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
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