DEERFIELD HIGHLANDS APARTMENTS

Joseph Thomas, AJ Stanford and the Thomas-Team of Marcus & Millichap, as exclusive listing agents, are pleased to offer for sale Deerfield Highlands Apartments, a 42-unit multifamily property located in Deerfield Beach, Florida.  Deerfield Highlands Apartments are located east of Interstate 95 and north of Sample Road in Deerfield Beach, FL. 

SUBJECT PROPERTIES

Deerfield Highlands Apartments is a single folio number comprised of 13 buildings and 42 units located along Northeast 44th Street in Deerfield Beach, Florida.  The property was built in 1972 of concrete block and stucco, with shingle roofs and central air conditioning units.  The buildings total 26,876 adjusted square feet, while the lots total 109,561 square feet of land (2.51 acres), according to the Broward County Property Appraiser.  The unit mix consists of (13) one-bedroom | one-bathrooms with an average in-place rent of $1,342 per month and (29) two-bedroom | one-bathrooms with an average in-place rent of $1,557 per month.

LOCATION

Deerfield Highlands Apartments are located east of Interstate 95 and west of Dixie Highway. Nearby points of interest (*distances are approximate) include Wells Fargo Bank (1.0 miles), Crystal Lake Sand Pine Preserve (1.1 miles),  Broward Health North (1.1 miles), Walmart Supercenter (1.7 miles), North Broward Park (1.7 miles), Walgreens Pharmacy (2.2 miles), and CVS (2.2 miles). Additionally, just a short drive from the properties include TD Bank (2.0 miles), Publix Supermarket at Venetian Isle (2.1 miles), Lighthouse Point City Library (2.3 miles), Pompano Beach Citi Centre (2.7 miles) and Pompano Pointe Shopping Center (3.2 miles).

Nearby educational facilities include Tedder Elementary School (0.8 miles), Deerfield Beach High School (1.3 miles), Palmview Elementary School (1.9 miles) and Deerfield Beach Middle School (2.8 miles).

SUMMARY

Deerfield Highlands Apartments are being offered for sale free and clear of debt at $6,650,000 or $158,333 per unit.