Updated Dec 21, 2023
Koby Assaraf & Dan Deitchmen Acquire Industrial Property In Lauderhill For $3.76M
1883 Northwest 38th Avenue
$3,760,000
$130/SF
Building Size
28,895 SF
Asset Type
Industrial
Closing
May 24, 2022
About this deal
AI
An industrial property located at 1883 NW 38th Ave in Lauderhill, Fort Lauderdale, was recently sold for a price of $3,760,000. The property spans across 28,895 square feet, resulting in a price per square foot of $130. The sale took place on May 24, 2022.
Summary of Transaction Details
- Property Type: Industrial
- Transaction Amount: $3,760,000
The buyer in this transaction was Koby Assaraf and Dan Deitchmen, while the seller was Carol Schultz. Representing the buyer were Adam H. Klein and Elon Gerberg from ROI Partners at SVNCP. On the other hand, Jonathan Barak from Capital Business Solutions served as the seller's representative.
On the Map
$3,760,000
$130/SF
Industrial
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Players
Fort Lauderdale 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
4.22%
Cash-on-Cash
-1.21%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93