Craig Sienema Acquires Land In Fort Lauderdale For $3.8M
2491 Solar Plaza Dr, Fort Lauderdale, FL, USA
$3,800,000
$7/SF
Building Size
510,959 SF
Asset Type
—
Closing
Jul 1, 2021
About this deal
AI
The property asset involved in this transaction is a land located at 2491 Solar Plaza Dr in Fort Lauderdale. The sale took place on 07/02/2021, with the buyer being Craig Sienema and the seller being Marvin H. Weiner. The property was sold for a total price of $3,800,000.
Summary of transaction details
- Property Type: Land
- Transaction Amount: $3,800,000
- Address: 2491 Solar Plaza Dr
- Market: Fort Lauderdale
Craig Sienema represented the buyer in this deal. There is no additional information available regarding the buyer's representative or any other parties involved in the transaction.
Players
Fort Lauderdale CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
Loading comparables…
Deal FAQ
Browse Florida sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.17%
Cash-on-Cash
-1.19%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93