Investment Overview

Marcus & Millichap, as the exclusive listing agent, is excited to bring to market Das Apartments I located at 7525 NW 44th Court, ideally situated north of Sample Road and east of North University Drive in the highly sought-after market of Coral Springs, Florida. A well-established city in Broward County, Coral Springs is located approximately 20 miles northwest of Fort Lauderdale and is a principal city within the Miami metropolitan area. Situated near the Everglades, Coral Springs combines suburban livability with access to South Florida’s major employment centers and transportation corridors. Encompassing roughly 25 square miles, the city is home to more than 134,000 residents and features a diversified economy anchored by healthcare, financial services, retail, professional services, logistics, and advanced manufacturing. Major employers include Fiserv, Broward Health of Coral Springs, ABB Optical, and Broward County Schools, alongside a broad base of national retailers and service providers. Coral Springs’ 442-acre Commerce Park, located directly off the Sawgrass Expressway, serves as a key employment node and is home to several corporate headquarters and manufacturing operations. Das Apartments I is comprised of one, two-story fourplex apartment building situated on a 0.17-acre parcel. The property was built in 1973 of concrete block with a pitched roof and offers an ideal unit mix of all two-bedroom, one-bathroom units. The property includes 7 parking spaces and features one on-site laundry area, which is currently not being utilized. The units offer central air-conditioning and separate hot water heaters. All units are separately metered for water; however, the owner currently pays the water bills, and tenants reimburse the owner in addition to rent. Electricity is also separately metered and paid directly by the tenants. Das Apartments I offers an investor the opportunity to acquire a property with an excellent unit mix of all two-bedroom units in a highly desirable and well-located market of Coral Springs.