Updated Dec 21, 2023
Todd Noesser Acquires Fort Lauderdale Warehouse For $3.85M
4345 Northeast 12th Terrace, Fort Lauderdale, Florida 33334, United States
$3,850,000
$315/SF
Building Size
12,211 SF
Asset Type
Industrial
Closing
Sep 29, 2022
About this deal
AI
A warehouse located at 4345 NE 12th Ter in Fort Lauderdale, FL was recently sold for $3,850,000. The property has a total square footage of 12,211, resulting in a price per square foot of $315.
Summary of transation details
- Property Type: Warehouse
- Transaction Amount: $3,850,000
- Address: 4345 NE 12th Ter, Fort Lauderdale, FL
- Market: Fort Lauderdale, FL
- Buyer: Todd Noesser
- Seller: Katja U Schneider & Alan Frank Marshall
- Square Footage: 12,211
- Price per Square Foot: $315
The buyer in this transaction is Todd Noesser, while the sellers are Katja U Schneider and Alan Frank Marshall.
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
4.12%
Cash-on-Cash
-1.18%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93