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2051 Northwest 43rd Terrace...

Updated Dec 21, 2023

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

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.

On the Map

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$12,780,000

$165/SF

MultiFamily

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Players

Jerry Slubowski

Seller

$35.5M

vol

4 deals

Seller
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Miami MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $165 per square foot on a published $12.8M for 77,255 square feet (2022).

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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

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