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Samuel Ruk Acquires Multifamily Property At 2190 Ne 51st Ct Fort Lauderdale For $6.1M

Property Image
SOLD
$6,100,000
Samuel Ruk

Florida

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MultiFamily28,587 SF
Sold 10/31/2024
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Property Image
SOLD

Samuel Ruk Acquires Multifamily Property At 2190 Ne 51st Ct Fort Lauderdale For $6.1M

2190 Ne 51st Ct

See Similar Deals
MultiFamily28,587 SF
Sold 10/31/2024
Samuel Ruk
Contact now

Summary

FLORIDA
Asset Type:MultiFamily
Price Per Square Foot:$213
Total Square Footage:28,587 SF
Lot Square Footage:30360 SF
Transaction Type:Sale

The asset involved in this transaction is a MultiFamily property located at 2190 Ne 51st Ct, in the Fort Lauderdale market. The transaction was completed for a price of $6,100,000.00, encompassing a total square footage of 28,587.0.

Summary of transaction details:

  • Property Type: MultiFamily
  • Transaction Amount: $6,100,000.00
  • Address: 2190 Ne 51st Ct
  • Market: Fort Lauderdale
  • Square Footage: 28,587.0
  • Buyer: Samuel Ruk
  • Seller: Maurice Mann
  • Broker: Austin Michels - Marcus & Millichap

The individuals involved in this transaction include the buyer, Samuel Ruk, and the seller, Maurice Mann. The representation for the transaction was provided by Austin Michels of Marcus & Millichap, who acted as the broker in this deal.

Players

Austin M. Michels
32 deals$142.1M volume(954) 245-3439
BROKER

Samuel Ruk
2 deals$19.6M volume
BUYER

Details

SOLD
IMAGE: 10/31/2024 ADDRESS: 2190 Ne 51st Ct MARKET: Fort Lauderdale ASSET TYPE: MultiFamily BROKERS: Austin Michels(Marcus & Millichap) BUYER: Samuel Ruk SELLER: Maurice Mann PRICE: $6,100,000.00 SF: 28587.0

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Operating Income
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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)-$21,672.03
Cash-on-Cash Return-1.27%
Monthly Debt Service$28,917.11
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