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1520 SE 15th St, Fort Laude...

Updated Oct 25, 2024

Ronald Udall Acquires Multifamily Property In Fort Lauderdale, FL For $6.8M
SOLDMultiFamily

Ronald Udall Acquires Multifamily Property In Fort Lauderdale, FL For $6.8M

1520 SE 15th St, Fort Lauderdale, FL 33316, USA

$3,900,000

$29/SF

Building Size

134,020 SF

Asset Type

MultiFamily

Closing

Aug 30, 2020

About this deal

AI

The multifamily property located at 1520 Se 15th St in Fort Lauderdale, FL has been sold. The property spans 4,009 square feet and was sold for a price of $6,800,000, resulting in a price per square foot of $1,696.

Summary of transation details

  • Property Type: Multifamily
  • Transaction Amount: $6,800,000
  • Address: 1520 Se 15th St, Fort Lauderdale, FL
  • Square Footage: 4,009
  • Price per Square Foot: $1,696

Ronald Udall has purchased the property from Shrenker Aloush, Eliyahu Aloush, and Eli Abrgel.

On the Map

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$3,900,000

$29/SF

MultiFamily

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Players

AJ Stanford

Marcus & Millichap

Broker

$103M

vol

11 deals

Broker

Eli Abrgel

EGE Holdings

Seller

$10.7M

vol

2 deals

Seller
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Fort Lauderdale MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $29 per square foot on a published $3.9M for 134,020 square feet (2020).

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Browse Florida multifamily sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

4.07%

Cash-on-Cash

-1.16%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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