Dovid Rendler Acquires Warehouse In Fort Lauderdale, FL For $4M
SOLD
$4,000,000
Florida
See Similar DealsIndustrial20,288 SF
Sold 02/23/2022
SOLD
Dovid Rendler Acquires Warehouse In Fort Lauderdale, FL For $4M
2610 Northwest 55th Court, Fort Lauderdale, Florida 33309, United States
See Similar DealsIndustrial20,288 SF
Sold 02/23/2022
Summary
FLORIDA
Asset Type:Industrial
Price Per Square Foot:$197
Total Square Footage:20,288 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$213,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$14,211.17
Cash-on-Cash Return-1.27%
Monthly Debt Service$18,962.04
Annual Debt Service$227,544.49
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