Updated Dec 18, 2023
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
About this deal
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.
The multifamily sale at 1916 Southwest 11th Street, Fort Lauderdale, Florida 33312, United States in Fort Lauderdale, Florida sold for $5.2M in 2022. The building is 16,911 square feet, implying about 307 per square foot on the published price. Named participants on the 1916 Southwest 11th Street, Fort Lauderdale, Florida 33312, United States sale are Alon Peles, Jesse Dalen. This page is the Fort Lauderdale, Florida file for the 1916 Southwest 11th Street, Fort Lauderdale, Florida 33312, United States multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Fort Lauderdale sit in the Market section below. Filter that Fort Lauderdale multifamily set by closing date to see what else sold near 1916 Southwest 11th Street, Fort Lauderdale, Florida 33312, United States around 2022. Published consideration for 1916 Southwest 11th Street, Fort Lauderdale, Florida 33312, United States is $5.2M, dated 2022. Cite this Jesse Dalen Acquires Multifamily Property In Fort Lauderdale For $5.2M sale when underwriting similar multifamily product around Fort Lauderdale, Florida.
On the Map
$5,200,000
$307/SF
MultiFamily
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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