Paul Feldman, P.A Acquires Warehouse In Fort Lauderdale, FL For $2.45M
SOLD
$2,450,000
Florida
See Similar DealsIndustrial15,892 SF
Sold 09/30/2022
SOLD
Paul Feldman, P.A Acquires Warehouse In Fort Lauderdale, FL For $2.45M
4530 Northeast 10th Avenue, Fort Lauderdale, Florida 33334, United States
See Similar DealsIndustrial15,892 SF
Sold 09/30/2022
Summary
FLORIDA
Asset Type:Industrial
Price Per Square Foot:$154
Total Square Footage:15,892 SF
Transaction Type:Sale
The warehouse located at 4530 Ne 10th Ave in Fort Lauderdale, FL has been sold in a transaction that closed on September 30, 2022. The property spans a total area of 15,892 square feet and was sold for a price of $2,450,000, resulting in a price per square foot of $154.
Summary of transaction details
- Property Type: Warehouse
- Transaction Amount: $2,450,000
- Address: 4530 Ne 10th Ave, Fort Lauderdale, FL
- Market: Fort Lauderdale, FL
The buyer of the warehouse is Paul Feldman, P.A, while Valerie H Berwanger is the seller.
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$130,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$8,704.33
Cash-on-Cash Return-1.27%
Monthly Debt Service$11,614.25
Annual Debt Service$139,371.00
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