Updated Sep 9, 2024
Amy & Jon Husted Sell Lantana Multifamily Property For $1.19M Via Starboard Group
214 Lakeview Avenue
$1,190,000
$77/SF
Building Size
15,377 SF
Asset Type
MultiFamily
Closing
Aug 22, 2022
About this deal
AI
The multifamily property located at 214 Lakeview Ave in Lantana has been sold for a total price of $1,190,000. The property consists of 4 units, resulting in a price per unit of $297,500. The total square footage of the property is 15,377, with a price per square foot of $77.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,190,000
- Units: 4
- Price per Unit: $297,500
- Square Footage: 15,377
- Price per Square Foot: $77
The sellers of the property were Amy & Jon Husted. The transaction was facilitated by William (Billy) A. Cunningham III from The Starboard Group, who represented the sellers as the broker.
NOTE: The Starboard Group played a crucial role in the successful sale of the property.
City of Syracuse MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Visit William (Billy) A. Cunningham III to view all their deals.
Browse City of Syracuse multifamily sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
13.33%
Cash-on-Cash
-3.81%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93