facebook
Traded Co logo
Submit

Paul Hansford Purchases Mixed-Use Property In Pembroke Pines From Manish Patel For $950,000

Property Image
SOLD
$950,000

Florida

See Similar Deals
Mixed-use6,265 SF
Sold
the dealplayerscompscontact
Property Image
SOLD

Paul Hansford Purchases Mixed-Use Property In Pembroke Pines From Manish Patel For $950,000

7161 Pembroke Road

See Similar Deals
Mixed-use6,265 SF
Sold
Contact now

Summary

FLORIDA
Asset Type:Mixed-use
Price Per Square Foot:$151
Total Square Footage:6265 SF
Transaction Type:Sale

The property asset involved in this transaction is a mixed-use building located at 7161 Pembroke Road in the Pembroke Pines market. The property has a sale price of $950,000.00 and a total of 6,265 square feet.

Summary of transaction details:

  • Property Type: Mixed-use
  • Transaction Amount: $950,000.00
  • Address: 7161 Pembroke Road
  • Market: Pembroke Pines
  • Square Footage: 6,265
  • Cap Rate: 6.86%
  • Deposit: $100,000 non-refundable
  • Buyer: Paul Hansford
  • Seller: Manish Patel

Cleveland Sainpreux, Elon Gerberg, and Adam H. Klein of The ROI Group at SVN Commercial Partners facilitated the transaction, representing both the buyer, Paul Hansford, and the seller, Manish Patel. This transaction marked the buyer's first venture into the commercial real estate market.

Players

Adam H. Klein
37 deals$126.4M volume(516) 445-3070
BROKER

Elon Gerberg
38 deals$140.8M volume(954) 299-9556
BROKER

Cleveland Sainpreux
SVN
11 deals$28.9M volume(954) 661-4170
BROKER

Details

SOLD
IMAGE: Elon Gerberg, Cleveland Sainpreux & Adam H. Klein DATE: 03/14/2025 ADDRESS: 7161 Pembroke Road MARKET: Pembroke Pines ASSET TYPE: Mixed-use BUYER: Paul Hansford SELLER: Manish Patel BROKERS: Elon Gerberg (@EdgoFroi), Cleveland Sainpreux (@ClevelandSainpreux) & Adam H. Klein (@AdamhKlein.roigroup) - The ROI Group (@ROIGroupofSVN) - SVN (@SVN_CommercialPartners) SALE PRICE: $950,000 SF: 6,265 ~ PPSF: $151 NOTE FROM BROKER: Cleveland Sainpreux, Elon Gerberg, and Adam H. Klein of The ROI Group at SVN Commercial Partners facilitated the transaction, representing both the buyer and the seller. The deal was secured with a $100,000 non-refundable deposit at contract and closed at a 6.86% cap rate. Notably, the buyer is a first-time investor stepping into the commercial real estate market. For more information, contact the ROI Group at SVN Commercial Partners: Cleveland Sainpreux ([email protected], 561.485.1655), Elon Gerberg ([email protected], 561.485.1129), Adam H. Klein ([email protected], 516.445.3070). Follow us for exclusive listings and commercial real estate investment sales tips - https://linktr.ee/roigroupofsvn

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$50,666.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$3,375.15
Cash-on-Cash Return-1.27%
Monthly Debt Service$4,503.48
Annual Debt Service$54,041.82