Kenneth G Stevens Acquires Warehouse In Fort Lauderdale For $5.89M
SOLD
$5,890,000
Florida
See Similar DealsIndustrial15,745 SF
Sold 07/06/2022
SOLD
Kenneth G Stevens Acquires Warehouse In Fort Lauderdale For $5.89M
2355 Southwest 66th Terrace, Fort Lauderdale, Florida 33317, United States
See Similar DealsIndustrial15,745 SF
Sold 07/06/2022
Summary
FLORIDA
Asset Type:Industrial
Price Per Square Foot:$374
Total Square Footage:15,745 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$314,133.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$20,925.94
Cash-on-Cash Return-1.27%
Monthly Debt Service$27,921.60
Annual Debt Service$335,059.26
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