Share this listing
Pre-formatted captions, a short link, and a QR code — ready to paste.
Share image
Sized for LinkedIn · 1200×627 — matches the caption above.
Rendering preview…
2801 Riverside Drive
Coral Springs, FL 33065
Asking Price
$9.00M
Cap Rate
6.47%
Asset Type
Apartment Building Multifamily
Class
Class B
What's Special
40 Units Offered from Original Developer <p>• 40 Condominiums out of 64 in the Community</p><p>• Offered for Sale by Original Developer</p><p>• Highly Sought-After Coral Springs Market</p><p>• Less than 20 Rental Buildings Between 20 and 100 Apartments in the City</p><p>• Very Minimal Rental Ownership Turnover within the Submarket</p><p>• Seller Developed and Owned for 20 years</p><p>• Situated in a Quiet, Middle-Class Residential Neighborhood</p><p>• 2006 Construction with Two Four-Story Buildings</p><p>• Very Rare Mix of 100 Percent
Free Valuation Calculator
No login requiredRun the numbers on this deal. All calculations are estimates — verify with your lender and accountant.
NOI
$80,000
Cap Rate
0.89%
DSCR
0.15
Underwater
Cash-on-Cash
-16.83%
Monthly Payment
$44,527.089
Annual Cash Flow
$-454,325.073
