Avra Jain Purchases Land In Fort Lauderdale From Fuse Group Co. For $1.67M
760 Nw 9th St
$1,670,700
Building Size
—
Asset Type
Land
Closing
Nov 6, 2023
AI
The transaction involves a land asset located at 760 Nw 9th St, Fort Lauderdale, sold for $1,670,700.00. The sale was completed on 11/06/2023. This asset type is categorized as land.
Summary of transaction details:
- Property Type: Land
- Transaction Amount: $1,670,700.00
- Buyer: Avra Jain
- Seller: Fuse Group Co.
- Brokers: Tony Arellano, DWNTWN Realty Advisors
Avra Jain acted as the buyer in this transaction, while Fuse Group Co. was the seller. The brokerage firm involved in facilitating the deal was DWNTWN Realty Advisors, represented by Tony Arellano.
Players
Fort Lauderdale Land Market Snapshot
Boundary boundary · Land · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
9.49%
Cash-on-Cash
-2.71%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93