Updated Dec 21, 2023
Christopher Bleakly & Jared Schmidt Acquire Garage In Dania, FL For $4.7M
375 Northwest 9th Avenue, Dania Beach, Florida 33004, United States
$4,653,527
Building Size
—
Asset Type
Industrial
Closing
Jul 25, 2022
About this deal
AI
The property involved in the transaction is a garage located at 375 NW 9th Ave in Dania, FL. The sale took place on July 26, 2022. The buyer of the property is Christopher Bleakly and Jared Schmidt, while the seller is Stephen St. Clair. The transaction price for the garage was $4,653,527.
Summary of transaction details:
- Property Type: Garage
- Transaction Amount: $4,653,527
- Address: 375 NW 9th Ave, Dania, FL
- Market: Dania, FL
Christopher Bleakly and Jared Schmidt were the buyers in this transaction, while Stephen St. Clair was the seller.
Dania 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
3.41%
Cash-on-Cash
-0.97%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93