Edward J. Chalupa's Advanced Integration Technology Acquires Land In Fort Lauderdale For $17M
2401 Laguna Drive, Fort Lauderdale, Florida 33316, United States
$17,000,000
Building Size
—
Asset Type
—
Closing
Dec 28, 2022
About this deal
AI
The sale of a property located at 2401 Laguna Drive in Fort Lauderdale has been completed. The property, which is a land asset, spans approximately 0.7 acres. The transaction took place on December 28, 2022, and the buyer is Edward J. Chalupa, representing Advanced Integration Technology. The seller is Donald Sussman, representing Paloma Partners. The sale price for the property was $17,000,000.
Summary of transaction details
- Property Type: Land
- Transaction Amount: $17,000,000
- Address: 2401 Laguna Drive, Fort Lauderdale
- Market: Fort Lauderdale
- Buyer: Edward J. Chalupa - Advanced Integration Technology
- Seller: Donald Sussman - Paloma Partners
The completed deal involved the buyer, Edward J. Chalupa, representing Advanced Integration Technology, and the seller, Donald Sussman, representing Paloma Partners. This transaction marks the successful transfer of a land asset located at 2401 Laguna Drive in Fort Lauderdale, with a sale price of $17,000,000.
Players
Fort Lauderdale CRE Market Snapshot
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Deal FAQ
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.93%
Cash-on-Cash
-0.27%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93