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5971 NW 17th Pl
Sunrise, FL 33313 Sunrise

$46,500,000 USD

Apartments For Sale  •  74,091 SF

Property Details

  • Property Type Apartments
  • Total Building Size 200,112 SF
  • Lot Size 7.93 AC
  • Building Class C
  • Year Built 1966
  • Cap Rate 6.51 %
30 Transit Score
50 Walk Score

Highlights

Excellent opportunity to purchase a very stable community in the center of Broward County
Substantial capital improvements made to the community by the current ownership, All buildings have current 40/10-year recertifications
Very attractive unit mix of 75 percent two and three-bedroom units
All roofs are less than eight years old, and the majority are less than 5 years old, All but two buildings have all Impact windows
More than half of the units have washer and dryers in the units
Turnkey community

Property Flyers

Financial Summary (Actual)

Net Operating Income: $3,026,783 USD (2026)
Cap Rate: 6.51 %
Total Expenses: $2,169,086 USD

Major Tenants

Tenant SF Occupied Lease End Date
Lush Sunriser Apartments

Amenities

  • 24 Hour Access
  • Air Conditioning
  • Courtyard
  • Playground
  • Kitchen
  • Granite Countertops
  • Refrigerator
  • Stainless Steel Appliances
  • Wi-Fi

Public Transportation

Commuter RailDriveWalkDistance
Fort Lauderdale (Tri-County Commuter - South Florida Regional Transportation Authority (Tri-Rail)) 14 min - 5.7 mi
Cypress Creek (Tri-County Commuter - South Florida Regional Transportation Authority (Tri-Rail)) 18 min - 8.6 mi
AirportDriveWalkDistance
Fort Lauderdale/Hollywood International 21 min - 10.7 mi
Miami International 50 min - 33.2 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Felipe Echarte 954-529-3017 Marcus & Millichap
Felipe Echarte 954-529-3017 Marcus & Millichap