Updated Nov 20, 2023
Elizabeth R Schlesinger Acquires Warehouse In Fort Lauderdale For $17.55M
5370 South University Drive, Fort Lauderdale, Florida 33328, United States
$17,550,000
$243,750/SF
Building Size
72 SF
Asset Type
Industrial
Closing
Nov 18, 2022
About this deal
AI
The warehouse located at 5370 S University Dr in Fort Lauderdale, FL has been sold. The property spans 72,401 square feet and was sold for a price of $17,550,000, resulting in a price per square foot of $242.
Summary of transaction details
- Property Type: Warehouse
- Transaction Amount: $17,550,000
- Address: 5370 S University Dr, Fort Lauderdale, FL
- Market: Fort Lauderdale, FL
The buyer of the warehouse is Elizabeth R Schlesinger, while the seller is Kevin Kohorst.
The industrial sale at 5370 South University Drive, Fort Lauderdale, Florida 33328, United States in Davie, Florida sold for $17.6M in 2022. The building is 72 square feet, implying about 243.8K per square foot on the published price. Named participants on the 5370 South University Drive, Fort Lauderdale, Florida 33328, United States sale are Elizabeth Schlesinger. This page is the Davie, Florida file for the 5370 South University Drive, Fort Lauderdale, Florida 33328, United States industrial sold: pricing, party profiles, and other closed industrial comps from the same Davie sit in the Market section below. Filter that Davie industrial set by closing date to see what else sold near 5370 South University Drive, Fort Lauderdale, Florida 33328, United States around 2022. Published consideration for 5370 South University Drive, Fort Lauderdale, Florida 33328, United States is $17.6M, dated 2022. Cite this Elizabeth R Schlesinger Acquires Warehouse In Fort Lauderdale For $17.55M sale when underwriting similar industrial product around Davie, Florida.
Players
Davie 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
0.90%
Cash-on-Cash
-0.26%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93