Updated Dec 18, 2023
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
About this deal
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.
The industrial sale at 2355 Southwest 66th Terrace, Fort Lauderdale, Florida 33317, United States in Davie, Florida sold for $5.9M in 2022. The building is 15,745 square feet, implying about 374 per square foot on the published price. Named participants on the 2355 Southwest 66th Terrace, Fort Lauderdale, Florida 33317, United States sale are Kenneth G Stevens. This page is the Davie, Florida file for the 2355 Southwest 66th Terrace, Fort Lauderdale, Florida 33317, United States industrial sold: pricing, party profiles, and other closed industrial comps from the same Davie sit in the Market section below. Filter that Davie industrial set by closing date to see what else sold near 2355 Southwest 66th Terrace, Fort Lauderdale, Florida 33317, United States around 2022. Published consideration for 2355 Southwest 66th Terrace, Fort Lauderdale, Florida 33317, United States is $5.9M, dated 2022. Cite this Kenneth G Stevens Acquires Warehouse In Fort Lauderdale For $5.89M sale when underwriting similar industrial product around Davie, Florida.
On the Map
$5,890,000
$374/SF
Industrial
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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