Laud Flats II LLC Acquires Multifamily Property In Pompano Beach For $4.1M
325 SE 10th Ave, Pompano Beach, FL, USA
$4,100,000
$188/SF
Building Size
21,734 SF
Asset Type
MultiFamily
Closing
Mar 31, 2021
AI
A multifamily property located at 325 SE 10th Ave in Pompano Beach has been sold in a recent transaction. The property spans 21,734 square feet and was sold for a price of $4,100,000, resulting in a price per square foot of $189.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $4,100,000
- Address: 325 SE 10th Ave, Pompano Beach
- Market: Pompano Beach
The buyer of the property is Laud Flats II LLC, while the seller is Steven M. Oliveira & Gregory Tagaris.
Players
Pompano 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
3.87%
Cash-on-Cash
-1.11%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93