Updated Dec 21, 2023
Brent D. Klein Acquires Multifamily Property In Fort Lauderdale For $12.8M
2051 Northwest 43rd Terrace, Miami, Florida 33142, United States
$12,780,000
$165/SF
Building Size
77,255 SF
Asset Type
MultiFamily
Closing
Feb 1, 2022
About this deal
AI
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.
The multifamily sale at 2051 Northwest 43rd Terrace, Miami, Florida 33142, United States in Miami, Florida sold for $12.8M in 2022. The building is 77,255 square feet, implying about 165 per square foot on the published price. Named participants on the 2051 Northwest 43rd Terrace, Miami, Florida 33142, United States sale are Jerry Slubowski. This page is the Miami, Florida file for the 2051 Northwest 43rd Terrace, Miami, Florida 33142, United States multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Miami sit in the Market section below. Filter that Miami multifamily set by closing date to see what else sold near 2051 Northwest 43rd Terrace, Miami, Florida 33142, United States around 2022. Published consideration for 2051 Northwest 43rd Terrace, Miami, Florida 33142, United States is $12.8M, dated 2022. Cite this Brent D. Klein Acquires Multifamily Property In Fort Lauderdale For $12.8M sale when underwriting similar multifamily product around Miami, Florida.
Players
Miami 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
1.24%
Cash-on-Cash
-0.35%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93