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2358 NW 52nd Ct Fort Lauder...

Alejandro Gershanik Acquires Multifamily Property In Tamarac For $2.19M
SOLDMultiFamily

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

Greg Matus

Franklin Street

Broker

$386.5M

vol

39 deals

Broker
Alejandro Gershanik

Alejandro Gershanik

BM2 Realty

Buyer

$94.9M

vol

34 deals

Buyer

Justin Sult

Seller

$5.4M

vol

2 deals

Seller

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