SOLDIndustrial
Kenneth G Stevens Acquires Warehouse In Fort Lauderdale For $5.89M
2355 Southwest 66th Terrace, Fort Lauderdale, Florida 33317, United States
$5,890,000
$374/SF
Building Size
15,745 SF
Asset Type
Industrial
Closing
Jul 5, 2022
AI
The warehouse located at 2355 SW 66th Ter in Fort Lauderdale, FL has been sold. The property spans 15,745 square feet and was sold for a price of $5,890,000, translating to a price per square foot of $374.
Summary of transaction details
- Property Type: Warehouse
- Transaction Amount: $5,890,000
- Square Footage: 15,745
- Price Per Square Foot: $374
- Address: 2355 SW 66th Ter, Fort Lauderdale, FL
The buyer in this transaction is Kenneth G Stevens.
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
2.69%
Cash-on-Cash
-0.77%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93