Updated Oct 25, 2024
Sam Judd Acquires Warehouse In Fort Lauderdale For $2.8M
700 Southeast 2nd Avenue, Fort Lauderdale, Florida 33316, United States
$2,800,000
Building Size
—
Asset Type
Industrial
Closing
Jul 31, 2022
About this deal
AI
A warehouse located at 700 SE 2nd Ave & 707 SE 3rd Ave in Fort Lauderdale, FL was recently sold for a price of $2,800,000. The transaction took place on August 1, 2022.
Summary of transaction details
- Property Type: Warehouse
- Transaction Amount: $2,800,000
- Market: Fort Lauderdale, FL
The buyer of the warehouse is Sam Judd, while the seller is Michael B Wiggins.
The industrial sale at 700 Southeast 2nd Avenue, Fort Lauderdale, Florida 33316, United States in Fort Lauderdale, Florida sold for $2.8M in 2022. 700 Southeast 2nd Avenue, Fort Lauderdale, Florida 33316, United States is classified as Industrial on Traded. Named participants on the 700 Southeast 2nd Avenue, Fort Lauderdale, Florida 33316, United States sale are Michael Wiggins, Sam Judd. This page is the Fort Lauderdale, Florida file for the 700 Southeast 2nd Avenue, Fort Lauderdale, Florida 33316, United States industrial sold: pricing, party profiles, and other closed industrial comps from the same Fort Lauderdale sit in the Market section below. Filter that Fort Lauderdale industrial set by closing date to see what else sold near 700 Southeast 2nd Avenue, Fort Lauderdale, Florida 33316, United States around 2022. Published consideration for 700 Southeast 2nd Avenue, Fort Lauderdale, Florida 33316, United States is $2.8M, dated 2022. Cite this Sam Judd Acquires Warehouse In Fort Lauderdale For $2.8M sale when underwriting similar industrial product around Fort Lauderdale, Florida.
On the Map
$2,800,000
Industrial
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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
5.67%
Cash-on-Cash
-1.62%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93