Updated Oct 29, 2024
Tyler Henritze, William J. Stein & Brian Kim Acquire Multifamily Property In Pompano Beach, FL
1850 Southwest 81st Avenue, North Lauderdale, Florida 33068, United States
$14,314,954
$201/SF
Building Size
71,023 SF
Asset Type
MultiFamily
Closing
Apr 17, 2023
About this deal
AI
The multifamily property located at 1850 SW 81st Ave in Pompano Beach, FL has been sold in a recent transaction. The property spans 71,023 square feet and was sold for a total price of $14,314,954, resulting in a price per square foot of $201.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $14,314,954
- Address: 1850 SW 81st Ave, Pompano Beach, FL
- Market: Pompano Beach, FL
- Buyer: Tyler Henritze, William J. Stein, Brian Kim
- Seller: Cross Keys Associates Ltd
Tyler Henritze, William J. Stein, and Brian Kim were the buyers in this transaction. They acquired the multifamily property from the seller, Cross Keys Associates Ltd. No additional information about the deal is available at this time.
On the Map
$14,314,954
$201/SF
MultiFamily
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Pompano Beach 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
1.11%
Cash-on-Cash
-0.32%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93