Alejandro Snyder Of Port 1850 LLC Purchases Land From Nova Southeastern University For $1,250,000
1850 Ne 7th Ave
$1,250,000
Lot Size
223,707 SF
Asset Type
Land
Closing
Sep 29, 2019
About this deal
AI
The asset involved in this transaction is a parcel of land located at 1850 Ne 7th Ave in Dania. The property was sold for $1,250,000.00.
Summary of transaction details:
- Property Type: Land
- Transaction Amount: $1,250,000.00
- Buyer: Alejandro Snyder (Port 1850 LLC)
- Seller: Nova Southeastern University
- Transaction Date: 09/30/2019
This transaction was facilitated by Alejandro Snyder representing Port 1850 LLC as the buyer and Nova Southeastern University as the seller.
The land sale at 1850 Ne 7th Ave in Dania, Florida sold for $1.3M in 2019. 1850 Ne 7th Ave is classified as Land on Traded. Named participants on the 1850 Ne 7th Ave sale are Alejandro Snyder. This page is the Dania, Florida file for the 1850 Ne 7th Ave land sold: pricing, party profiles, and other closed land comps from the same Dania sit in the Market section below. Filter that Dania land set by closing date to see what else sold near 1850 Ne 7th Ave around 2019. Published consideration for 1850 Ne 7th Ave is $1.3M, dated 2019. Cite this Alejandro Snyder Of Port 1850 LLC Purchases Land From Nova Southeastern University For $1,250,000 sale when underwriting similar land product around Dania, Florida.
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
12.69%
Cash-on-Cash
-3.63%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93