Alejandro Gershanik Acquires Multifamily Property In Tamarac For $2.19M
2358 NW 52nd Ct Fort Lauderdale, FL 33309, USA
$2,190,000
$243/SF
Building Size
9,000 SF
Asset Type
MultiFamily
Closing
May 19, 2023
AI
An multifamily property located at 2358 Northwest 52nd Court in Tamarac has been sold for a total price of $2,190,000. The property consists of 10 units, with each unit having a price per unit of $219,000. The total square footage of the property is 9,000 square feet, resulting in a price per square foot of $243.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $2,190,000
- Address: 2358 Northwest 52nd Court, Tamarac
- Units: 10
- Price per Unit: $219,000
- Square Footage: 9,000 SF
- Price per Square Foot: $243
Alejandro Gershanik has acted as both the buyer and the buyer's representative in this transaction. On the other hand, Justin Sult was the seller. The seller's representatives were Ryan Wold, Dan Dratch, and Greg Matus from Franklin Street.
Players
Miami 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
7.24%
Cash-on-Cash
-2.07%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93