Updated Dec 19, 2023
Tyler Henritze, William J. Stein & Brian Kim Acquire Fort Lauderdale Multifamily For $32.1M
2700 Northwest 44th Street, Oakland Park, Florida 33309, United States
$32,085,486
$62/SF
Building Size
512,286 SF
Asset Type
MultiFamily
Closing
Jan 12, 2022
About this deal
AI
The multifamily property located at 2700 NW 44th St in Fort Lauderdale, FL has been sold in a transaction dated January 13, 2022. The property spans a total area of 512,286 square feet, with a price per square foot of $62.63. The transaction was closed at a total price of $32,085,486.00. The buyer of the property includes Tyler Henritze, William J. Stein, and Brian Kim, while the seller is Leon J Wolfe.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $32,085,486.00
- Address: 2700 NW 44th St, Fort Lauderdale, FL
- Market: Fort Lauderdale, FL
- Square Footage: 512,286
- Price per Square Foot: $62.63
The transaction involved Tyler Henritze, William J. Stein, and Brian Kim as the buyers of the property. They represented themselves in the deal. On the other side, Leon J Wolfe served as the seller. This sale represents a significant transaction in the Fort Lauderdale market and showcases the continued demand for multifamily properties.
Players
Oakland Park MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Visit Leon J Wolfe to view all their deals.
Browse Florida multifamily sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.49%
Cash-on-Cash
-0.14%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93