Updated Dec 18, 2023
Seth & Alexander Eisenberg Acquire Fort Lauderdale Multifamily For $2.4M
204 Northwest 17th Court, Fort Lauderdale, Florida 33311, United States
$2,400,000
$1,398/SF
Building Size
1,716 SF
Asset Type
MultiFamily
Closing
May 19, 2022
About this deal
AI
The multifamily property located at 204 NW 17th CT in Fort Lauderdale, FL has been sold. The property spans 1,716 square feet and was sold for a price of $2,400,000, resulting in a price per square foot of $1,398.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $2,400,000
- Address: 204 NW 17th CT, Fort Lauderdale, FL
- Buyer: Seth Eisenberg & Alexander Eisenberg
- Seller: Brandon Edenfield & Ronal S. Malec
The buyer of the property is Seth Eisenberg & Alexander Eisenberg. The seller is Brandon Edenfield & Ronal S. Malec.
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
6.61%
Cash-on-Cash
-1.89%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93