Updated Dec 4, 2024
William I. Markwell & Andrew Snith Acquire Industrial Property In Fort Lauderdale For $15.025M
4126 SW 47th Ave, Fort Lauderdale, FL, USA
$15,025,000
$1,377/SF
Building Size
10,907 SF
Asset Type
Industrial
Closing
Jun 30, 2021
About this deal
AI
An industrial property located at 4126 SW 47th Ave in Fort Lauderdale has been sold for a price of $15,025,000. The transaction took place on 07/01/2021. The property is situated in the Fort Lauderdale market.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $15,025,000
- Address: 4126 SW 47th Ave, Fort Lauderdale
The buyer of the property is William I. Markwell & Andrew Snith, while the seller is 47126 Inc.
The industrial sale at 4126 SW 47th Ave, Fort Lauderdale, FL, USA in Fort Lauderdale, Florida sold for $15M in 2021. The building is 10,907 square feet, implying about 1.4K per square foot on the published price. This page is the Fort Lauderdale, Florida file for the 4126 SW 47th Ave, Fort Lauderdale, FL, USA industrial sold: pricing, party profiles, and other closed industrial comps from the same Fort Lauderdale sit in the Market section below. Filter that Fort Lauderdale industrial set by closing date to see what else sold near 4126 SW 47th Ave, Fort Lauderdale, FL, USA around 2021. Published consideration for 4126 SW 47th Ave, Fort Lauderdale, FL, USA is $15M, dated 2021. Cite this William I. Markwell & Andrew Snith Acquire Industrial Property In Fort Lauderdale For $15.025M sale when underwriting similar industrial product around Fort Lauderdale, Florida.
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
1.06%
Cash-on-Cash
-0.30%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93