Samuel Ruk Acquires Multifamily Property At 2190 Ne 51st Ct Fort Lauderdale For $6.1M
2190 Ne 51st Ct
$6,100,000
$213/SF
Building Size
28,587 SF
Asset Type
MultiFamily
Closing
Oct 31, 2024
AI
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
Fort Lauderdale MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.60%
Cash-on-Cash
-0.74%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93