Updated Dec 18, 2023
Sean K. Loscalzo & Susannah Loscalzo Acquire Fort Lauderdale Warehouse For $3.66M
Southwest 66th Terrace, Fort Lauderdale, Florida 33314, United States
$3,660,000
$347/SF
Building Size
10,537 SF
Asset Type
Industrial
Closing
Apr 27, 2022
About this deal
AI
A warehouse located at 2251 SW 66th Ter in Fort Lauderdale, FL was sold on April 28, 2022. The property spans 10,537 square feet and was sold for a price of $3,660,000, resulting in a price per square foot of $347.
Summary of transaction details
- Property Type: Warehouse
- Transaction Amount: $3,660,000
- Address: 2251 SW 66th Ter, Fort Lauderdale, FL
- Market: Fort Lauderdale, FL
- Buyer: Sean K. Loscalzo & Susannah Loscalzo
- Seller: Pellerin J. Michel
- Square Footage: 10,537
- Price per Square Foot: $347
Sean K. Loscalzo and Susannah Loscalzo were the buyers of the warehouse, while Pellerin J. Michel was the seller.
Players
Davie 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
4.33%
Cash-on-Cash
-1.24%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93