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4301 W McNab Rd, Pompano Be...

Updated Sep 9, 2024

SVN Commercial Partners Sells Pompano Beach Condo For $3.2M
SOLD

SVN Commercial Partners Sells Pompano Beach Condo For $3.2M

4301 W McNab Rd, Pompano Beach, Florida 33069, United States

$3,185,000

$248/SF

Building Size

12,839 SF

Asset Type

Closing

Jun 20, 2022

About this deal

AI

A 12,839 square foot condo located at 4301 W McNab Road in Pompano Beach has been sold for $3,185,000. The transaction took place on June 21, 2022.

Summary of transaction details

  • Property Type: Condo
  • Transaction Amount: $3,185,000
  • Address: 4301 W McNab Road
  • Market: Pompano Beach
  • Brokers: Steven Paulsen, John Andrews & Mason Highman - SVN Commercial Partners
  • Units: 18
  • Price Per Unit: $176,944
  • Square Footage: 12,839
  • Price Per Square Foot: $248

Steven Paulsen, John Andrews, and Mason Highman from SVN Commercial Partners acted as brokers in this transaction.

Players

Steven Paulsen

Open Market CRE

Broker

$7.4M

vol

4 deals

Broker

Pompano Beach CRE Market Snapshot

Boundary boundary · CRE · Sale transactions

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Deal FAQ

About $248 per square foot on a published $3.2M for 12,839 square feet (2022).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

4.98%

Cash-on-Cash

-1.42%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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