Ananda SE 17th LLC Acquires Fort Lauderdale Property From Carbogen Corporation For $1 Million
1051 SE 17th St, Fort Lauderdale, FL...
$1,000,000
$177/SF
Building Size
5,640 SF
Asset Type
—
Closing
Nov 20, 2023
About this deal
AI
The property involved in this transaction is located at 1051 SE 17th St, Fort Lauderdale, FL. The asset was sold for a transaction amount of $1,000,000.00. The property encompasses a total square footage of 5,640 and is situated within the Fort Lauderdale market.
Summary of transaction details:
- Property Type: SALE
- Transaction Amount: $1,000,000.00
- Square Footage: 5,640
- Address: 1051 SE 17th St, Fort Lauderdale, FL
- Market: Fort Lauderdale
- Buyer: Ananda SE 17th, LLC
- Seller: Carbogen Corporation
- Buyer's Representative: Frank Cassacia-The K Company
Frank Cassacia represented the buyer, Ananda SE 17th, LLC, in this transaction, facilitating the sale between the buyer and the seller, Carbogen Corporation.
On the Map
$1,000,000
$177/SF
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Players
Fort Lauderdale CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
15.86%
Cash-on-Cash
-4.53%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93