Jesse Dalen Acquires Multifamily Property In Fort Lauderdale For $5.2M
1916 Southwest 11th Street, Fort Lauderdale, Florida 33312, United States
$5,200,000
$307/SF
Building Size
16,911 SF
Asset Type
MultiFamily
Closing
Aug 10, 2022
AI
The multifamily property located at 1916 Sw 11th St in Fort Lauderdale, FL has been sold in a recent transaction. The property spans 16,911 square feet and was sold for a price of $5,200,000, resulting in a price per square foot of $307.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $5,200,000
- Square Feet: 16,911
- Price per Square Foot: $307
- Market: Fort Lauderdale, FL
The buyer of the property is Jesse Dalen, while the seller is Alon Peles.
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
3.05%
Cash-on-Cash
-0.87%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93