Stockbridge Real Estate Purchases Fort Lauderdale Property For $64 Million With Jake Zebede As Buyer's Rep
3055 Burris Rd, Fort Lauderdale, FL, 3...
$64,000,000
Building Size
—
Asset Type
Commercial
Closing
Oct 4, 2021
AI
The property located at 3055 Burris Rd, Fort Lauderdale, FL, is situated in the Davie market. It was sold for a total transaction amount of $64,000,000.00. The property comprises 0 square feet.
Summary of transaction details:
- Property Type: Unknown
- Transaction Amount: $64,000,000.00
- Address: 3055 Burris Rd, Fort Lauderdale, FL
- Market: Davie
- Buyer: Stockbridge Real Estate
- Seller: Unknown
- Buyer's Representative: Jake Zebede - CBRE
The deal was executed with Stockbridge Real Estate as the purchaser, represented by Jake Zebede of CBRE. The identity of the seller remains undisclosed.
Players
Davie Commercial Market Snapshot
Boundary boundary · Commercial · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.25%
Cash-on-Cash
-0.07%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93