Rodolfo Rodriguez-Duret Acquires Coral Springs Multifamily Property From Keith Gould For $5.25M
10120 Northwest 36th Street
$5,250,000
$228/SF
Building Size
22,942 SF
Asset Type
MultiFamily
Closing
Jan 21, 2025
AI
The property asset involved in the transaction is a 20-unit apartment complex located at 10120 Northwest 36th Street in Coral Springs. The multifamily asset spans 1.09 acres and was built in 1975. The transaction price for the property was $5,250,000, with a price per unit of $262,500 and a price per square foot of $229, based on a total square footage of 22,942.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $5,250,000
- Address: 10120 Northwest 36th Street
- Market: Coral Springs
- Units: 20
- PPU: $262,500
- SF: 22,942
- PPSF: $229
- Buyer: Rodolfo Rodriguez-Duret
- Seller: Keith Gould - Gould Investors
- Brokers: Calum Weaver & Perry Synanidis - CBRE
In the transaction, Calum Weaver and Perry Synanidis represented the sale of the property. The seller, Keith Gould, is associated with Gould Investors, which previously acquired the property in October 2022 for $5.5 million.
Players
Coral Springs MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.02%
Cash-on-Cash
-0.86%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93