Shmuel Aizenberg Acquires Multifamily Property In Dania, FL For $3.29M
SOLD
Florida
See Similar DealsMultiFamily6,165 SF
Sold 07/08/2022
SOLD
Shmuel Aizenberg Acquires Multifamily Property In Dania, FL For $3.29M
22 Southwest 6th Avenue, Dania Beach, Florida 33004, United States
See Similar DealsMultiFamily6,165 SF
Sold 07/08/2022
Summary
FLORIDA
Asset Type:MultiFamily
Price Per Square Foot:$534
Total Square Footage:6,165 SF
Transaction Type:Sale
A multifamily property located at 22 W 6th Ave in Dania, FL was recently sold. The property spans a total of 6,165 square feet and was sold for a price of $3,294,000, resulting in a price per square foot of $534. The transaction took place on 07/08/2022.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $3,294,000
- Address: 22 W 6th Ave, Dania, FL
- Square Footage: 6,165
- Price per Square Foot: $534
The buyer of the property is Shmuel Aizenberg and the seller is Keith D. Silverstein.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$175,680.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$11,702.89
Cash-on-Cash Return-1.27%
Monthly Debt Service$15,615.24
Annual Debt Service$187,382.89
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