Gina Lassegue Acquires Multifamily Property In Fort Lauderdale For $1.85M From Seth Eisenberg
SOLD
$1,850,000
Florida
See Similar DealsMultiFamily6,152 SF
Sold 05/08/2025
SOLD
Gina Lassegue Acquires Multifamily Property In Fort Lauderdale For $1.85M From Seth Eisenberg
204 Northwest 17th Court
See Similar DealsMultiFamily6,152 SF
Sold 05/08/2025
Summary
FLORIDA
Asset Type:MultiFamily
Price Per Square Foot:$300
Total Square Footage:6,152 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$98,666.66
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$6,572.67
Cash-on-Cash Return-1.27%
Monthly Debt Service$8,769.94
Annual Debt Service$105,239.33
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