Updated Oct 25, 2024
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.
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
4.07%
Cash-on-Cash
-1.16%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93