facebook

traded

+ Submit
Home

/

Deals

/

Florida

/

All

/

Sale

/

476 NW 43rd St

David Aronson Acquires Oakland Park Multifamily For $3.3M
SOLD

David Aronson Acquires Oakland Park Multifamily For $3.3M

476 NW 43rd St

Building Size

Asset Type

Closing

Jun 17, 2022

AI

An 11-unit multifamily property located at 476 NW 43rd St in Oakland Park has been sold for $3,300,000. The transaction was completed on June 17, 2022. The property spans 15,400 square feet, with each unit valued at approximately $300,000. The price per square foot for the property is $214.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $3,300,000
  • Address: 476 NW 43rd St, Oakland Park
  • Market: Oakland Park
  • Units: 11
  • Price per Unit: $300,000
  • Square Footage: 15,400
  • Price per Square Foot: $214

The buyer of the property was David Aronson, and the seller was Thomas Smith. The transaction was facilitated by Austin Bergman of the Compass agency.

Players

David Aronson

Buyer

$3.3M

vol

2 deals

Buyer

Thomas Smith

Seller

$25.8M

vol

5 deals

Seller

Miami CRE Market Snapshot

Boundary boundary · CRE · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93