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Bill Kapri Acquires Development Site In Pompano Beach For $1.8M

Property Image
SOLD
$1,800,000
Danilo Aquino
RA

Florida

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Development Site8,678 SF
Sold 02/02/2023
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Property Image
SOLD

Bill Kapri Acquires Development Site In Pompano Beach For $1.8M

1511 Hammondville Rd

See Similar Deals
Development Site8,678 SF
Sold 02/02/2023
Danilo Aquino
RA
the dealplayerscompscontact
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Summary

FLORIDA
Asset Type:Development Site
Price Per Square Foot:$207
Total Square Footage:8,678 SF
Transaction Type:Sale

A development site located at 1511-1547 Hammondville Rd in Pompano Beach has been sold in a recent transaction. The property spans a total of 31,994 square feet, with a price per square foot of $56. The total square footage of the development is 8,678, resulting in a price per square foot of $207. The sale price for the site was $1,800,000.

Summary of transaction details:

  • Property Type: Development Site
  • Transaction Amount: $1,800,000
  • Lot Square Footage: 31,994
  • Price per Lot Square Foot: $56
  • Total Square Footage: 8,678
  • Price per Square Foot: $207

The buyer of the development site is Bill Kapri, while the seller is Rida Albazian. The transaction was facilitated by Danilo Aquino from APEX Capital Realty.

Players

Danilo Aquino
APEX Capital Realty
Danilo Aquino
2 deals$7.2M volume(786) 201-3020
BROKER
RA
Rida Albazian
2 deals$3.6M volume
SELLER

Details

SOLD
IMAGE: Bill Kapri & Danilo Aquino DATE: 02/02/2023 ADDRESS: 1511-1547 Hammondville Rd MARKET: Pompano Beach ASSET TYPE: Development Site BUYER: Bill Kapri SELLER: Rida Albazian BROKER: Danilo Aquino (@Daniloa21)- APEX Capital Realty (@ApexCapitalRealty) SALE PRICE: $1,800,000 LOT SF: 31,994 ~ PPLOTSF: $56 SF: 8,678 ~ PPSF: $207

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Deal Type
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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$6,395.02
Cash-on-Cash Return-1.27%
Monthly Debt Service$8,532.92
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