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Andrew Taubman Acquires Multifamily Property From Jerry Slubowski In Fort Lauderdale For $2.17M

Property Image
SOLD
$2,170,000
Austin M. Michels
Brandon Rex
Evan Kristol
+ 1

Florida

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MultiFamily6,946 SF
Sold 02/08/2024
the dealplayerscompscontact
Property Image
SOLD

Andrew Taubman Acquires Multifamily Property From Jerry Slubowski In Fort Lauderdale For $2.17M

2101 Miami Rd

See Similar Deals
MultiFamily6,946 SF
Sold 02/08/2024
Austin M. Michels
Brandon Rex
Evan Kristol
+ 1
the dealplayerscompscontact
Contact now

Summary

FLORIDA
Asset Type:MultiFamily
Price Per Square Foot:$312
Total Square Footage:6,946 SF
Lot Square Footage:13240 SF
Transaction Type:Sale

The property asset involved in this transaction is a MultiFamily building located at 2101 Miami Rd in Fort Lauderdale. The transaction was finalized at a price of $2,170,000.00, encompassing a total square footage of 6,946.0 square feet.

Summary of transaction details:

  • Property Type: MultiFamily
  • Transaction Amount: $2,170,000.00
  • Address: 2101 Miami Rd
  • Market: Fort Lauderdale
  • Square Footage: 6,946.0
  • Buyer: Andrew Taubman
  • Seller: Jerry Slubowski
  • Brokers: Austin Michels - Marcus & Millichap, Brandon Rex - Marcus & Millichap, Evan Kristol - Marcus & Millichap

The brokers representing the transaction were Austin Michels, Brandon Rex, and Evan Kristol, all from Marcus & Millichap. They played significant roles in facilitating the deal between the buyer, Andrew Taubman, and the seller, Jerry Slubowski.

Players

Evan Kristol
Marcus & Millichap
Evan Kristol
58 deals$409.7M volume
BROKER
Brandon Rex
Marcus & Millichap
Brandon Rex
25 deals$191.8M volume
BROKER
Austin M. Michels
Marcus & Millichap
Austin M. Michels
32 deals$142.1M volume(954) 245-3439
BROKER
JS
Jerry Slubowski
4 deals$35.5M volume
SELLER

Details

SOLD
IMAGE: 02/08/2024 ADDRESS: 2101 Miami Rd MARKET: Fort Lauderdale ASSET TYPE: MultiFamily BROKERS: Austin Michels(Marcus & Millichap), Brandon Rex(Marcus & Millichap), Evan Kristol(Marcus & Millichap) BUYER: Andrew Taubman SELLER: Jerry Slubowski PRICE: $2,170,000.00 SF: 6946.0

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$7,709.56
Cash-on-Cash Return-1.27%
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