Mario Fernandez Acquires Industrial Property At 2968 Ravenswood Road Fort Lauderdale For $8.5M
2968 Ravenswood Road
$8,500,000
$208/SF
Building Size
40,800 SF
Asset Type
Industrial
Closing
Nov 26, 2025
AI
The property asset involved in this transaction is an industrial real estate located at 2968 Ravenswood Road, situated in the Fort Lauderdale market. The asset encompasses a total area of 40,800 square feet and was sold for $8,500,000, translating to a price per square foot of $208.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $8,500,000
- Address: 2968 Ravenswood Road
- Market: Fort Lauderdale
- Square Footage: 40,800
- Price per Square Foot: $208
- Buyer: Mario Fernandez
- Seller: Greg Dejohn
- Brokers: Michael Buonadonna & Harrison Auerbach - Matthews Real Estate Investment Services
The key individuals involved in this transaction are buyer Mario Fernandez and seller Greg Dejohn, who executed the sale through the brokerage services of Michael Buonadonna and Harrison Auerbach, representing Matthews Real Estate Investment Services in the deal.
Players
Fort Lauderdale Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.87%
Cash-on-Cash
-0.53%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93