$199,000
For Sale

4255 N University Dr #205

Sunrise, FL 33351
944 sqft | 2 beds | 2 baths | #A11672176
Browse 24 photos
Type:Purchase
Structure:Condo
Zone:Residential

Description

ONLY INVESTORS 6.5% CAP RATE (monthly cash flow $1,150) - TENANT OCCUPIED UNTIL 05/31/25. ATTENTION ALL INVESTORS!!! START COLLECTING ON CLOSING DATE!!! One of the best OPPORTUNITIES in Sunrise. Great opportunity to own this beautiful income producing unit, spacious condo very well kept and centrally located in the heart of Sunrise at a quiet gated community by the lake, Spring Crest Condominium. No minimum credit score required by association and no special assessments announced. Unit is Tenant occupied with same Tenant for the last 3 years, great tenant paying currently $1,900 always on time and no issues at all, 6.5% CAP RATE. Great amenities like pool, tennis, gym, laundry facilities on each floor in the building, clubhouse and BBQ.
New paint on buildings, no restrictions on rent.

  • Interior Details
      • InteriorFirst Floor Entry
    • Beds & Baths
      • Bedrooms2
      • Bathrooms2
      • Full Baths2
  • Property Details
      • Exterior MaterialsOther, Screened Balcony, Tennis Court(s)
      • ViewGarden View, Other View
      • Stories3
    • Measurements
      • Square Feet944
    • Parking
      • Parking Type2 Or More Spaces, Assigned, Guest
  • Construction Details
      • Property TypePurchase
    • Condition
      • Year Built1976
  • Community and Neighborhood Details
      • SubdivisionSPRINGCREST CONDO
    • Location
      • CountyBroward County
  • Financial Details
      • Hoa Fees535
  • Other
      • MLS #A11672176

Location

Assets Real Estate GroupReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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