Updated Dec 19, 2023
Bryan Hacht Acquires Fort Lauderdale Industrial Property For $5.35M
3580 SW 30th Ave, Fort Lauderdale, FL, USA
$5,350,000
$497/SF
Building Size
10,751 SF
Asset Type
Industrial
Closing
May 19, 2021
About this deal
AI
The industrial property located at 3580 SW 30th Ave in Fort Lauderdale has been sold. The transaction took place on May 20, 2021, with a sale price of $5,350,000. The property spans 10,751 square feet, resulting in a price per square foot of $498.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $5,350,000
- Address: 3580 SW 30th Ave, Fort Lauderdale
- Market: Fort Lauderdale
- Buyer: Bryan Hacht
- Seller: Asbjorn Abrahamsen
- Square Footage: 10,751
- Price per Square Foot: $498
Bryan Hacht acted as the buyer in this transaction, while Asbjorn Abrahamsen served as the seller. The sale of this industrial property represents a significant transaction in the Fort Lauderdale market.
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
2.97%
Cash-on-Cash
-0.85%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93