Griffin Rd
Davie, FL 33314
Recent Appraisal Report, Property Photos, T12/Financials, Rent Roll, Blueprints
University Pointe – 877-Bed Student Housing Asset | 8.6% Cap | Davie, FL | Private Sale
Asking Price$ 140,000,000
Gross Monthly Income$ 1,216,763
Monthly Expense$ 554,377
Property Type5+ Units (Multifamily)
Building Size (sq ft)635,706
Lot Size Ac / Sq Ft9.58 / 417,257
# of Units250
# of Building Stories5
Parking Spaces906
Zoning / UseGriffin Corridor District (DZ)
ConditionStabilized
OccupancyLeased
UrgencyMust Sell (30 days or less)
Buyer Commission1.5 – 2%
Projected NOI$ 12,000,000
Estimated Resale Price$ 140,000,000
Pro Forma Cap Rate8.57%
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Property Location
KKenneth S.
Broker
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