Gina Lassegue Acquires Multifamily Property In Fort Lauderdale For $1.85M From Seth Eisenberg
204 Northwest 17th Court
$1,850,000
$300/SF
Building Size
6,152 SF
Asset Type
MultiFamily
Closing
May 7, 2025
AI
The sale involves a multifamily asset located at 204 Northwest 17th Court in Fort Lauderdale. The transaction was completed for $1,850,000, comprising 8 units and covering a total square footage of 6,152. The price per unit stands at $231,250, while the price per square foot is $300.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,850,000
- Buyer: Gina Lassegue
- Seller: Seth Eisenberg
- Broker: Austin Michels - Marcus & Millichap
Austin Michels represented the seller, Seth Eisenberg, throughout the transaction process, facilitating the successful sale of the property to buyer Gina Lassegue.
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
8.57%
Cash-on-Cash
-2.45%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93