Updated Nov 28, 2024
Black Creek Group Acquires 340-unit Multifamily Asset In Davie For $79.1M
11000 Cameron Ct, Davie, FL 33324, USA
$79,100,000
$73,787/SF
Building Size
1,072 SF
Asset Type
MultiFamily
Closing
Nov 4, 2020
About this deal
AI
The multifamily property located at 11000 Cameron Court in Davie was recently sold for a total price of $79,100,000. The property comprises a total of 340 units, with a price per unit of $232,647. The transaction was completed on 11/05/2020.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $79,100,000
- Address: 11000 Cameron Court
- Market: Davie
- Units: 340
- Price Per Unit: $232,647
The buyer of the property was Black Creek Group, represented by Raj Dhanda. The seller of the property was CIM Group.
Players
Davie 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
0.20%
Cash-on-Cash
-0.06%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93