8702 Nw 38th Dr, Coral Springs


0 Beds
0 Baths
6,900 Sqft
0 Acres
0 Garages

This is a rare find, cash cow. Cap Rate 9.4. Property is being leased for 4 years to the same tenant and has remaining 4 year lease with option to renew. One tenant paying $15,834. per month. Property is in excellent condition. Pictures in the MLS are only 3 weeks old. Fully redone in 2015 and tenants keep it beautifully. Gross of $190,008. Tax, Insurance and Land Scape $17,981. With a Net of about $165,128.00.

Essential Information
MLS® #F10173991
Square Footage6,900
Year Built1986
TypeResidential Income
StatusBackup Contract-Call LA
Community Information
Address8702 Nw 38th Dr
CityCoral Springs
CountyBroward County
Zip Code33065
Parking Spaces14
Is WaterfrontYes
WaterfrontPond Front
HeatingCentral Heat, Electric Heat
CoolingCeiling Fans, Central Cooling
# of Stories2
Exterior FeaturesBalconies
Lot Description1/4 To Less Than 1/2 Acre Lot
RoofBarrel Roof
ConstructionConcrete Block Construction
Additional Information
Days on Market171
HOA Fees Freq.None
Listing Details
OfficeReal Estate Consultants of Bro
Property History
Price Increased from $1,800,000 to $2,100,000
Status Changed from Active to Backup Contract-Call LA
Price Increased from $1,750,000 to $1,800,000

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