Jeffrey S. Pechter Acquires Fort Lauderdale Warehouse For $4.3M
4132 Northwest 10th Avenue, Fort Lauderdale, Florida 33309, United States
$4,300,000
$421/SF
Building Size
10,200 SF
Asset Type
Industrial
Closing
Sep 8, 2022
AI
The asset involved in this transaction is a warehouse located at 4132 NW 10th Ave in Fort Lauderdale, FL. This property was sold for a transaction amount of $4,300,000 and has a total square footage of 10,200. The price per square foot for this property amounts to $421.
Summary of transaction details:
- Property Type: Warehouse
- Transaction Amount: $4,300,000
- Address: 4132 NW 10th Ave
- Market: Fort Lauderdale, FL
- Square Footage: 10,200
- Price Per Square Foot: $421
- Buyer: Jeffrey S. Pechter
- Seller: Donald C. Bauerle Jr
The key individuals involved in this deal are Buyer Jeffrey S. Pechter and Seller Donald C. Bauerle Jr, who completed the transaction on September 9, 2022.
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
3.69%
Cash-on-Cash
-1.05%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93