Updated Mar 3, 2025
Daniel Guenni & Lorena Loreto Acquire Fort Lauderdale Multifamily For $4.2M
1541 Cordova Road, Fort Lauderdale, FL, USA
$4,200,000
$420/SF
Building Size
9,978 SF
Asset Type
MultiFamily
Closing
Aug 2, 2021
About this deal
AI
The multifamily property located at 1541 Cordova Rd in Fort Lauderdale has been sold for a price of $4,200,000. The property spans across 9,978 square feet, resulting in a price per square foot of $421. The transaction took place on August 3, 2021. The buyer of the property is Daniel Guenni and Lorena Loreto, while the seller is Native Realty represented by Jaime Sturgis.
Summary of transaction details
- Property Type: Mutifamily
- Transaction Amount: $4,200,000
- Date: 08/03/2021
- Address: 1541 Cordova Rd, Fort Lauderdale
- Market: Fort Lauderdale
- Buyer: Daniel Guenni & Lorena Loreto
- Seller: Native Realty - Jaime Sturgis
- Square Footage: 9,978
- Price per Square Foot: $421
Daniel Guenni and Lorena Loreto have acquired the property from Native Realty, with the transaction facilitated by Jaime Sturgis of Native Realty. This sale is a significant event in the Fort Lauderdale real estate market, further contributing to the overall dynamics and growth of the multifamily sector.
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
3.78%
Cash-on-Cash
-1.08%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93