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3020 Seville Street, Fort L...

Tom Assouline Acquires Multifamily Property On Seville St In Fort Lauderdale For $5.55M
SOLDMultiFamily

Tom Assouline Acquires Multifamily Property On Seville St In Fort Lauderdale For $5.55M

3020 Seville Street, Fort Lauderdale, FL, USA

$5,550,000

$1,496/SF

Building Size

3,708 SF

Asset Type

MultiFamily

Closing

Oct 3, 2021

AI

A multifamily property located at 3020 Seville St in Fort Lauderdale has been sold. The property spans 3,708 square feet and was sold for a total price of $5,550,000, which equates to a price per square foot of $1,497.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $5,550,000
  • Address: 3020 Seville St, Fort Lauderdale
  • Market: Fort Lauderdale

The buyer of the property is Tom Assouline, while the seller is 3020 Seville Properties LLC.

There are no additional details available about the transaction.

Players

Tom Assouline

Buyer

$40.6M

vol

3 deals

Buyer

Fort Lauderdale 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

2.86%

Cash-on-Cash

-0.82%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93