SOLD
Cochise Capital Acquires Multifamily Property In Fort Lauderdale For $19.5M
1401 Southeast 15th Street
MultiFamily
46,343 SF
46,343 SF
Sold 1 year ago
Summary
Sale
FLORIDA
MultiFamily
46,343 sqft
The multifamily property located at 1401 SE 15th Street in Fort Lauderdale has been sold for a price of $19,500,000. The property spans an area of 1 acre and comprises 58 units with a total square footage of 46,343. The sale price per unit stands at $336,207, while the price per square foot is $421.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $19,500,000
- Address: 1401 SE 15th Street, Fort Lauderdale
- Market: Fort Lauderdale
- Acres: 1
The buyer of the property is Cochise Capital, represented by David Talla. The seller is Cordova Arms LLC, with Ralph Doering III as their representative. The deal was facilitated by brokers George Coloney and Maggie Graham from the Coloney Group. The transaction was financed by First Republic Bank.
Players
All
4
Agents
2
Agencies
1
Lenders
1
Details
SOLD
IMAGE: George Coloney & Maggie Graham
DATE: 09/30/2022
ADDRESS: 1401 SE 15th Street
MARKET: Fort Lauderdale
ASSET TYPE: Multifamily ~ ACRES: 1
BUYER: Cochise Capital - David Talla
SELLER: Cordova Arms LLC - Ralph Doering III
BROKERS: George Coloney & Maggie Graham - Coloney Group (@ColoneyGroup)
LENDER: First Republic Bank
SALE PRICE: $19,500,000
UNITS: 58 ~ PPU: $336,207
SF: 46,343 ~ PPSF: $421View on map
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Address1401 Southeast 15th Street
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