Highgate Townhomes Multifamily Homes SoldNo HOA

Fantastic find!!! 2 story 7 unit apartment building, in west coral springs on over a quarter acre with panoramic views of the water! 6 units are spacious 2 bedroom 2 bath & one unit is a large 2 bedroom 2 ½ bath townhome. Well-maintained building with fresh exterior paint, an updated parking lot, and overall excellent condition. Each unit has separate electric meters and trash is included in the taxes. Building has coin operated machines for additional income. Current annual gross income is roughly around $197, 000 (includes laundry income $200-300 monthly). Annual expenses $52, 276. Expenses include taxes: $32, 889 landscaping: $3, 600 wind insurance: $9, 607 water: $5, 340 electric: $840. Disclaimer: all information is believed to be accurate but is not guaranteed.