facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

Florida

/

Multifamily

/

Sale

/

2101 Miami Rd

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

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

2101 Miami Rd

$2,170,000

$312/SF

Building Size

6,946 SF

Asset Type

MultiFamily

Closing

Feb 8, 2024

AI

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

Broker

$416.7M

vol

60 deals

Broker
Austin M. Michels
Verified Badge

Austin M. Michels

Marcus & Millichap

Broker

$142.1M

vol

32 deals

Broker

Andrew Taubman

Buyer
Buyer

Jerry Slubowski

Seller

$35.5M

vol

4 deals

Seller

Fort Lauderdale MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

7.31%

Cash-on-Cash

-2.09%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93