8706 NW 38th Drive
Prime Multifamily Investment Opportunity in Coral Springs
Marketing description
Prime Multifamily Investment Opportunity in Coral Springs
Exceptional opportunity to acquire a well-maintained fourplex in one of Coral Springs' most desirable residential locations. Built in 2003, this income-producing asset features four spacious 3-bedroom, 2.5-bathroom units, each with a private 1-car garage and additional on-site parking, offering a highly attractive living environment for tenants and owner-occupants alike.
Designed for operational efficiency, each unit is separately metered for water and electric service, helping reduce landlord expenses and simplify management. The property's modern construction, generous floor plans, and strong curb appeal contribute to long-term tenant retention and consistent rental demand.
Situated on a spacious lot in a sought-after South Florida submarket known for its strong demographics, quality schools, and stable rental market, this turnkey investment offers immediate income potential with long-term appreciation upside.
Ideal for investors seeking stable cash flow or owner-occupants looking to offset living expenses with rental income. Rarely do multifamily properties of this quality, unit mix, and location become available in Coral Springs.
Investment highlights
- Located in Coral Springs, a well-regarded South Florida submarket known for strong demographics, quality schools, and consistent rental demand.
- Well-maintained fourplex built in 2003, offering modern construction and reduced deferred maintenance compared to older multifamily assets.
- Large-unit configuration with four spacious 3-bedroom, 2.5-bathroom residences, appealing to families and long-term tenants.
- Each unit includes a private 1-car garage, a highly sought-after amenity that enhances tenant demand and rental value.
- Ample on-site parking accommodates residents and guests, adding convenience and marketability.
- Individually metered water and electric service for each unit helps minimize landlord expenses and simplifies property management.
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