Updated Oct 28, 2024
Sun Haven Square LLC Acquires Multifamily Property In Deerfield Beach For $3.4M
248 SE 9th Ave, Deerfield Beach, FL, USA
$3,400,000
$742/SF
Building Size
4,581 SF
Asset Type
MultiFamily
Closing
Jul 14, 2021
About this deal
AI
The multifamily property located at 248 SE 9th Ave in Deerfield Beach has been sold for a price of $3,400,000. The property spans a total area of 4,581 square feet, resulting in a price per square foot of $742. The transaction took place on 07/15/2021.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $3,400,000
- Address: 248 SE 9th Ave
- Market: Deerfield Beach
- Buyer: Sun Haven Square LLC
- Seller: Sun Haven Apartments LLC
- Square Footage: 4,581
- Price per Square Foot: $742
The buyer in this transaction is Sun Haven Square LLC, while the seller is Sun Haven Apartments LLC.
Players
Deerfield Beach 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
4.67%
Cash-on-Cash
-1.33%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93