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Brent D. Klein Acquires Multifamily Property In Fort Lauderdale For $12.8M

Property Image
SOLD
$12,780,000

Florida

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MultiFamily77,255 SF
Sold 02/02/2022
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Property Image
SOLD

Brent D. Klein Acquires Multifamily Property In Fort Lauderdale For $12.8M

2051 Northwest 43rd Terrace, Miami, Florida 33142, United States

See Similar Deals
MultiFamily77,255 SF
Sold 02/02/2022
Contact now

Summary

FLORIDA
Asset Type:MultiFamily
Price Per Square Foot:$165
Total Square Footage:77,255 SF
Transaction Type:Sale

The multifamily property located at 2011-2051 Nw 43rd Ter in Fort Lauderdale, FL has been sold. The transaction took place on February 2, 2022.

Summary of transation details

  • Property Type: Multifamily
  • Transaction Amount: $12,780,000
  • Square Footage: 77,255
  • Price Per Square Foot: $165

The buyer of the property is Brent D. Klein, while Jerry Slubowski was the seller.

Players

4 deals$35.5M volume
SELLER

Details

SOLD
IMAGE: 02/02/2022 ADDRESS: 2011-2051 Nw 43rd Ter MARKET: Fort Lauderdale, FL ASSET TYPE: Multifamily BUYER: Brent D. Klein SELLER: Jerry Slubowski PRICE: $12,780,000 SF: 77,255 ~ PPSF: $165

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$45,404.64
Cash-on-Cash Return-1.27%
Monthly Debt Service$60,583.72
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