3691 NW 78th Ln

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3691 NW 78th Ln

Coral Springs, FL 33065
Asking Price
$699K
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Multifamily apartment building available for purchase in Coral Springs
  • Located at 3691 NW 78th Ln within the 33065 zip code
  • Total asking price for this residential asset is 699000 dollars
  • Established residential area with consistent demand for rental housing options
  • Positioned within the growing South Florida suburban multifamily market

What's Special

Investors seeking an apartment building in Coral Springs will find this multifamily asset at 3691 NW 78th Ln a functional addition to a portfolio. The property is positioned within a well-established Florida residential market, characterized by consistent demand for rental housing and proximity to major thoroughfares throughout the Broward County region. As a steady income-generating vehicle, this asset type remains a staple for buyers focusing on stable suburban multifamily investments in the South Florida corridor. The scale of this building allows for straightforward management while capitalizing on the area's ongoing population growth and economic development. Its location provides easy access to local amenities and the broader metro infrastructure that supports the regional labor market, making it a practical choice for long-term hold strategies. Prospective buyers should evaluate the current market performance and asset positioning to determine its alignment with broader portfolio goals and yield expectations in this specific submarket.

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NOI
$80,000
Cap Rate
11.44%
DSCR
1.93
Strong
Cash-on-Cash
18.36%
Monthly Payment
$3,458.271
Annual Cash Flow
$38,500.753

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