7881 W Sample Road

    Coral Springs, FL 33065
    • $1,062,500
    • STATUS: Closed
    • ON SITE: 162 days
    • ID#: RX-10542984
    Sold - 10/16/2019
    $1,062,500
    SOLD - 10/16/2019
    • 0
      BEDS
    • 0.5
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,830
      SQFT
    • $182
      $/SQFT
    Type:
    Commercial
    Built:
    1973
    County:

    School Ratings & Info

    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.

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    © 2019 All rights reserved. All listings featuring the BMLS logo are provided by BeachesMLS Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2019 Beaches Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2019-12-11T21:04:50.07.
    www.myreynoldsteam.com/homes/96452911

    7881 W Sample Road Coral Springs, FL 33065

    • Price: $1,200,000
    • Status: Closed
    • Updated: 43 min ago
    • ID#: RX-10542984
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.5
    Acres
    5,830
    SQFT
    $182
    $/SQFT
    1973
    Built
    Neighborhood:
    Coral Springs Sample Road Commercial
    County:
    Broward
    Area:
    Coral Springs
    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.
    Exterior Features

    Bays 6 Construction BlockConcreteFrame/Stucco Loading Docks 0 Miles To Beach 9 Miles To Expressway 3 Roof Comp RolledComp Shingle Waterfront Description Interior Canal Waterfront YN No

    Interior Features

    Bath Toilets 6.00 Ceiling AcousticHeight VariesSuspended Cooling Central Individual Flooring Tile Heating CentralElectric Miscellaneous2 Rear Access Offices 0 Percent Air Conditioned 100.00 Unit1 Full Baths 2 Unit1 Unit Desc Shops Unit2 Full Baths 1 Unit2 Unit Desc Shops Unit3 Full Baths 1 Unit3 Unit Desc Shops Unit4 Full Baths 2 Unit4 Unit Desc Shops

    Property Features

    Available Docs None Available Info Copies Of Lease Built Desc Resale Contingents Other Expenses Total Expenses 32356.88 Fire Protection Smoke Alarm For Lease No For Sale Yes Lease 1-3 Years4-6 YearsGross RentOption Available List Office Board Code Realtor Association Of The Palm Beaches (Rapb) Location CityShopping Center Meters 5.00 Monetary Info Gross Sched Income 120776.28 Monetary Info Inc Exp Stmnt Period 2019 Monetary Info Net Oper Income 88419.40 Monetary Info Source Of Expenses Owner Monetary Info Ttl Assume Loans 0.00 Possession Funding Sale Includes Building And LandFixtures Special Info City Jurisdiction Tax Amount Real Estate Taxes 21984.30 Tax Year 2018 Tenant Pays ElectricInsuranceTaxesWater Tenants 4 Terms Considered CashConventional Type Of Building CommercialRetailShopping CenterStrip Store Use Retail Utilities 220ElectricPublic SewerPublic WaterSeparate MeterUnderground

    Listing provided courtesy of Weichert, Realtors - True Quality Service.

    © 2019 All rights reserved. All listings featuring the BMLS logo are provided by BeachesMLS Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2019 Beaches Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2019-12-11T21:04:50.07.
     
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