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3020 Seville Street, Fort L...

Updated Oct 28, 2024

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

About this deal

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.

On the Map

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$5,550,000

$1,496/SF

MultiFamily

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Players

Tom Assouline

Buyer

$40.6M

vol

3 deals

Buyer
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Fort Lauderdale MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $1.5K per square foot on a published $5.6M for 3,708 square feet (2021).

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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

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