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
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.
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