Updated Dec 21, 2023
Thomas Comparato Acquires Fort Lauderdale Warehouse From Lee Martin & Todd T Martin III For $3.55M
1481 Northwest 65th Avenue, Fort Lauderdale, Florida 33313, United States
$3,550,000
$250/SF
Building Size
14,180 SF
Asset Type
Industrial
Closing
Jul 28, 2022
About this deal
AI
The warehouse located at 1481 NW 65th Ave in Fort Lauderdale, FL was recently sold in a closed transaction. The property has a total area of 14,180 square feet and was sold for a price of $3,550,000, resulting in a price per square foot of $250.
Summary of transaction details
- Property Type: Warehouse
- Transaction Amount: $3,550,000
- Address: 1481 NW 65th Ave, Fort Lauderdale, FL
- Market: Fort Lauderdale, FL
The buyer of the property is Thomas Comparato, while the sellers are Lee Martin and Todd T Martin III.
Players
Plantation Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.47%
Cash-on-Cash
-1.28%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93