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

Property Image
SOLD
$3,900,000
Greg Matus
Dan Dratch
AJ Stanford
+ 4

Florida

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MultiFamily134,020 SF
Sold 08/31/2020
the dealplayerscompscontact
Property Image
SOLD

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

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

See Similar Deals
MultiFamily134,020 SF
Sold 08/31/2020
Greg Matus
Dan Dratch
AJ Stanford
+ 4
the dealplayerscompscontact
Contact now

Summary

FLORIDA
Asset Type:MultiFamily
Price Per Square Foot:$29
Total Square Footage:134,020 SF
Transaction Type:Sale

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.

Players

AJ Stanford
Marcus & Millichap
AJ Stanford
11 deals$103M volume(954) 245-3503
BROKER
Greg Matus
Franklin Street
Greg Matus
39 deals$386.5M volume
BROKER
Travis Jones
Horvath & Tremblay
Travis Jones
9 deals$45.5M volume
BROKER
Dan Dratch
Franklin Street
Dan Dratch
48 deals$267.8M volume
BROKER
Ryan Wold
Franklin Street
Ryan Wold
40 deals$210.5M volume(954) 312-1678
BROKER
EA
Eliyahu Aloush
6 deals$25.1M volume(954) 639-7686
BROKER
EA
Eli Abrgel
2 deals$10.7M volume
SELLER

Details

SOLD
IMAGE: 01/19/2022 ADDRESS: 1520 Se 15th St -5 MARKET: Fort Lauderdale, FL ASSET TYPE: Multifamily BUYER: Ronald Udall SELLER: Shrenker Aloush & Eliyahu Aloush & Eli Abrgel PRICE: $6,800,000 SF: 4,009 ~ PPSF: $1,696

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$208,000.01

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$13,855.87
Cash-on-Cash Return-1.27%
Monthly Debt Service$18,487.99
Annual Debt Service$221,855.88