10120 Northwest 36th Street
$6,500,000
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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...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.
rents are $2,397 per unit - $2.03 PSF. 5 of the 20 units have been renovated with...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.
- Listed by Periklis Synanidis • CBRE, Inc.
Property Details for 10120 Northwest 36th Street
Area
3625
AuctionNo
Num Stories2
LISTING UPDATED: 06/04/2024 11:00 PM
Property Details for 10120 Northwest 36th Street
Status | Active |
---|---|
MLS # | A11599836 |
Days on Market | 202 |
Taxes | $69,851 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Commercial/Industrial / Income/Multi Family |
Year Built | 1975 |
Lot Size | 1.09 AC / 47,296 SF |
County | Broward County |
Building Information for 10120 Northwest 36th Street
Stories-Residences-Year Built1975Building Size-Lot Size1.09 AC / 47,296 SF
Property Information for 10120 Northwest 36th Street
Property History for 10120 Northwest 36th Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 10120 Northwest 36th Street
Taxable ValueLand$331,070Additions$2,741,800Total$3,072,870
Tax Record2023$69,851 ($5,821 / month)
Home Facts
Total Finished SqFt22,942 SqFtAbove Grade Finished SqFt22,942 SqFtStories2Lot Size47,296 SqFtStyleMulti-Family Dwelling (2-4)Year Built1975Year Renovated1976ZoningRM-20CountyBROWARDAPN48-41-16-06-1200
Schools near 10120 Northwest 36th Street
This home is within Broward.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Charter - | 6 to 12 |
Rating | School | Distance |
---|---|---|
Country Hills Elementary School PublicPK to 5 | ||
Coral Springs Middle School Public6 to 8 | ||
Coral Glades High School Public9 to 12 | ||
City Of Coral Springs Charter School Charter6 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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