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Multifamily

MLJ Apartments

6115 SW 35th Ct, Miramar, FL 33023

Listing Price: $1,300,000

Cap Rate
2.35%
Number of Units
6
GRM
8.74
Occupancy
100.0%
Price/Unit
$216,667
Price/Gross SF
$250.48
Gross SF
5,190

Investment Overview

Marcus&Millichap, as exclusive listing agent, is pleased to offer for sale, MLJ Apartments (the “Property”), which consists of (1) one-story multifamily property that houses 6-units in total.

Located between the Florida Turnpike, and US-441, in the Miramar area of Broward County Florida. MLJ Apartments (6115 SW 35th Ct, Miramar, FL 33023) was constructed in 1973, and is comprised of concrete block. Situated 0.32-acre(s)m the property has a total of 5,190 square feet of rentable space. The property features an attractive unit mix of (2) large one-bedroom / one-bathroom units, and (4) large two-bedroom / one-bathroom units.

MLJ Apartments, (6115 SW 35th Ct, Miramar, FL 33023) is ideally located just minutes from major highways, including I-75, which offers direct access to both Fort Lauderdale to the north and Miami to the south, as well as the Florida Turnpike, located just a few miles away. This prime location in Miramar provides easy connectivity to key areas across Broward County and beyond. The neighborhood itself is a thriving suburban community with a mix of families and professionals. Residents enjoy proximity to a range of local amenities, such as Miramar Regional Park, shopping destinations like Pembroke Lakes Mall, and dining options along Miramar Parkway. The property is also close to schools, including The International School of Broward, and healthcare facilities like Memorial Hospital West. With a variety of recreational, retail, and service-oriented establishments just a short distance away, this location offers a convenient and attractive living environment for both homeowners and renters. The area continues to see growth, making it a promising investment for long-term appreciation.
6115 SW 35th Ct represents a rare opportunity to acquire a generational asset, having been owned and operated by the original developer since the 1970s. This well-maintained property offers significant potential for long-term appreciation, benefiting from its strategic location in a growing suburban area with excellent access to major highways like I-75 and the Florida Turnpike. The surrounding community continues to develop, with a variety of amenities such as parks, shopping centers, schools, and healthcare facilities just minutes away. This unique property combines stability with future growth potential, making it an ideal investment for those seeking a dependable, income-producing asset in a thriving market.

Investment Highlights

  • A Rare 50+ Year Legacy Asset Offered for Sale By the Original Developer
  • Property Offers True Value-Add Opportunity with Below-Market Rents and Strong Upside Potential
  • Property Features An Attractive Unit Mix of Spacious 2/1 and 1/1 Layouts
  • Situated Between US-441, and The Florida Turnpike

Exclusively Listed By

Financing By

Multifamily

MLJ Apartments

Listing Price: $1,300,000

Cap Rate
2.35%
Number of Units
6
GRM
8.74
Occupancy
100.0%
Price/Unit
$216,667
Price/Gross SF
$250.48
Gross SF
5,190

Investment Highlights

  • A Rare 50+ Year Legacy Asset Offered for Sale By the Original Developer
  • Property Offers True Value-Add Opportunity with Below-Market Rents and Strong Upside Potential
  • Property Features An Attractive Unit Mix of Spacious 2/1 and 1/1 Layouts
  • Situated Between US-441, and The Florida Turnpike

Investment Overview

Marcus&Millichap, as exclusive listing agent, is pleased to offer for sale, MLJ Apartments (the “Property”), which consists of (1) one-story multifamily property that houses 6-units in total. Located between the Florida Turnpike, and US-441, in the Miramar area of Broward County Florida. MLJ Apartments (6115 SW 35th Ct, Miramar, FL 33023) was constructed in 1973, and is comprised of concrete block. Situated 0.32-acre(s)m the property has a total of 5,190 square feet of rentable space. The property features an attractive unit mix of (2) large one-bedroom / one-bathroom units, and (4) large two-bedroom / one-bathroom units. MLJ Apartments, (6115 SW 35th Ct, Miramar, FL 33023) is ideally located just minutes from major highways, including I-75, which offers direct access to both Fort Lauderdale to the north and Miami to the south, as well as the Florida Turnpike, located just a few miles away. This prime location in Miramar provides easy connectivity to key areas across Broward County and beyond. The neighborhood itself is a thriving suburban community with a mix of families and professionals. Residents enjoy proximity to a range of local amenities, such as Miramar Regional Park, shopping destinations like Pembroke Lakes Mall, and dining options along Miramar Parkway. The property is also close to schools, including The International School of Broward, and healthcare facilities like Memorial Hospital West. With a variety of recreational, retail, and service-oriented establishments just a short distance away, this location offers a convenient and attractive living environment for both homeowners and renters. The area continues to see growth, making it a promising investment for long-term appreciation. 6115 SW 35th Ct represents a rare opportunity to acquire a generational asset, having been owned and operated by the original developer since the 1970s. This well-maintained property offers significant potential for long-term appreciation, benefiting from its strategic location in a growing suburban area with excellent access to major highways like I-75 and the Florida Turnpike. The surrounding community continues to develop, with a variety of amenities such as parks, shopping centers, schools, and healthcare facilities just minutes away. This unique property combines stability with future growth potential, making it an ideal investment for those seeking a dependable, income-producing asset in a thriving market.

Exclusively Listed By

Financing By

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