Florida Property Rd LLC Purchases Land From James Fulford In Fort Lauderdale For $1.8M
SOLD
$1,800,000
Florida
See Similar DealsLand
Sold 02/14/2022
SOLD
Florida Property Rd LLC Purchases Land From James Fulford In Fort Lauderdale For $1.8M
4400 Sw 42nd Ter
See Similar DealsLand
Sold 02/14/2022
Summary
FLORIDA
Asset Type:Land
Transaction Type:Sale
The asset involved in this transaction is a land parcel located at 4400 Sw 42nd Ter in Fort Lauderdale. The transaction price for this property was $1,800,000.00.
Summary of transaction details:
- Property Type: Land
- Transaction Amount: $1,800,000.00
- Buyer: Florida Property Rd LLC
- Seller: James Fulford
- Broker: Elad Barokas - AXIOM Capital Advisors
- Date of Transaction: 02/14/2022
The deal was facilitated by Elad Barokas, representing AXIOM Capital Advisors. The transaction reflects a straightforward exchange between Florida Property Rd LLC as the buyer and James Fulford as the seller, with no additional representation mentioned in the context.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$96,000.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$6,395.02
Cash-on-Cash Return-1.27%
Monthly Debt Service$8,532.92
Annual Debt Service$102,395.02
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