SOLDMultiFamily
Michelle Diaz Acquires Multifamily Property From Tom Assouline In Fort Lauderdale For $2.05M
1201 Ne 15th Ave #1-9
$2,050,000
$462/SF
Building Size
4,431 SF
Asset Type
MultiFamily
Closing
Dec 14, 2022
AI
A multifamily property located at 1201 Ne 15th Ave in Fort Lauderdale, FL has been sold for $2,050,000. The property spans 4,431 square feet with a price per square foot of $462.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $2,050,000
- Square Footage: 4,431
- Price per Square Foot: $462
- Address: 1201 Ne 15th Ave, Fort Lauderdale, FL
The buyer of the property is Michelle Diaz, while the seller is Tom Assouline.
Players
Fort Lauderdale 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
7.74%
Cash-on-Cash
-2.21%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93