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.
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