facebook

traded

+ Submit
Home

/

Deals

/

Florida

/

Multifamily

/

Sale

/

101-105 Se 26 St

Scott Williams Acquires Multifamily Property In Fort Lauderdale For $4M
SOLDMultiFamily

Scott Williams Acquires Multifamily Property In Fort Lauderdale For $4M

101-105 Se 26 St

$4,000,000

$373/SF

Building Size

10,713 SF

Asset Type

MultiFamily

Closing

Jan 13, 2023

AI

The multifamily property located at 101-105 SE 26 St in Fort Lauderdale has been sold for $4,000,000. The property consists of 16 units, with a price per unit of $250,000. The total square footage of the property is 10,713, with a price per square foot of $373.

Summary of transation details

  • Property Type: Multifamily
  • Transaction Amount: $4,000,000
  • Units: 16
  • Price per Unit: $250,000
  • Square Footage: 10,713
  • Price per Square Foot: $373

Scott Williams purchased the property from Cassimer Boynton. Demian Pack, representing Dezer Platinum Realty, acted as the buyer's representative, while Chase Thompson, from LoKation® Real Estate, represented the seller.

Players

Demian Pack

Dezer Platinum Realty

Broker

$10.7M

vol

3 deals

Broker

Market MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

3.97%

Cash-on-Cash

-1.13%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93