Updated Dec 21, 2023
Dovid Rendler Acquires Warehouse In Fort Lauderdale, FL For $4M
2610 Northwest 55th Court, Fort Lauderdale, Florida 33309, United States
$4,000,000
$197/SF
Building Size
20,288 SF
Asset Type
Industrial
Closing
Feb 22, 2022
About this deal
AI
The warehouse located at 2610 NW 55th CT in Fort Lauderdale, FL has recently been sold. The property spans a total of 20,288 square feet and was sold for a price of $4,000,000, resulting in a price per square foot of $197.
Summary of transaction details
- Property Type: Warehouse
- Transaction Amount: $4,000,000
- Address: 2610 NW 55th CT, Fort Lauderdale, FL
- Market: Fort Lauderdale, FL
The buyer of the property was Dovid Rendler, while the sellers were Pedro Dedesma and Madelayne Dedesma.
On the Map
$4,000,000
$197/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
3.97%
Cash-on-Cash
-1.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93