Updated Oct 28, 2024
Masha Lodnia's Lodnia Group Acquires 4.67 Acre Development Site In Greenacres For $3.6M
3100 Jog Road, Greenacres, Florida 33467, United States
$3,600,000
Building Size
—
Asset Type
Development Site
Closing
Jun 16, 2022
About this deal
AI
The development site located at 3100 Jog Rd in Greenacres has been sold for $3,600,000. Spanning across 4.67 acres, this property presented a valuable opportunity in the market.
Summary of transaction details:
- Property Type: Development Site
- Transaction Amount: $3,600,000
- Address: 3100 Jog Rd
- Market: Greenacres
- Asset Type: Development Site
- Acres: 4.67
The buyer, Masha Lodnia from Lodnia Group, recognized the potential of this development site and made the purchase. On the seller's side, Norman Carnell of B'LO Corporation facilitated the transaction. The deal was brokered by Alejandro Snyder, Michael B. Williams, and Alec Kirschner of Current Real Estate.
On the Map
$3,600,000
Development Site
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Players
Greenacres Development Site Market Snapshot
Boundary boundary · Development Site · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.41%
Cash-on-Cash
-1.26%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93