Felipe R Onetto Acquires Vacant Commercial Property In Fort Lauderdale For $20.75M
100 Southwest 6th Street, Fort Lauderdale, Florida 33301, United States
$20,750,000
Building Size
—
Asset Type
Commercial
Closing
Sep 29, 2022
AI
The vacant commercial property located at 100-132 SW 6th St in Fort Lauderdale, FL was sold on September 30, 2022. The transaction involved a sale between buyer Felipe R Onetto and seller Alessandro Pallaoro. The sale price for the property was $20,750,000.
Summary of transaction details
- Property Type: Vacant Commercial
- Transaction Amount: $20,750,000
- Address: 100-132 SW 6th St, Fort Lauderdale, FL
- Market: Fort Lauderdale, FL
Felipe R Onetto acted as the buyer in the transaction, while Alessandro Pallaoro acted as the seller. The deal involved the transfer of ownership of the vacant commercial property for the agreed-upon sale price.
Players
Fort Lauderdale Commercial Market Snapshot
Boundary boundary · Commercial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.76%
Cash-on-Cash
-0.22%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93