Maurice Kaufman & William O'Connor Acquire Vacant Commercial Property In Fort Lauderdale, FL For $6.6M
4465 Griffin Road, Davie, Florida 33328, United States
$6,600,000
Building Size
—
Asset Type
Commercial
Closing
Feb 2, 2022
AI
The vacant commercial property located at 4465 Griffin Rd in Fort Lauderdale, FL has been sold in a transaction that took place on February 2, 2022. The property was sold for a price of $6,600,000. The buyer of the property is Maurice Kaufman & William O'Connor, while the seller is Daniel Cohen.
Summary of transaction details
- Property Type: Vacant Commercial
- Transaction Amount: $6,600,000
- Address: 4465 Griffin Rd, Fort Lauderdale, FL
- Market: Fort Lauderdale, FL
Maurice Kaufman & William O'Connor were represented by their broker in this deal. No additional details regarding the transaction or the parties involved were provided.
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
2.40%
Cash-on-Cash
-0.69%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93