Updated Dec 21, 2023
Tiago Patricio Acquires Multifamily Property In Fort Lauderdale For $2.5M
335 Southwest 20th Street, Fort Lauderdale, Florida 33315, United States
$2,500,000
$359/SF
Building Size
6,951 SF
Asset Type
MultiFamily
Closing
May 30, 2022
About this deal
AI
The multifamily property located at 335 SW 20th St in Fort Lauderdale, FL was recently sold in a closed transaction. The property spans 6,951 square feet and was sold for a total price of $2,500,000, resulting in a price per square foot of $359.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $2,500,000
- Square Footage: 6,951
- Price per Square Foot: $359
- Address: 335 SW 20th St, Fort Lauderdale, FL
The buyer in this transaction was Tiago Patricio, while the sellers were Stephen P. Jahoda and Alexandre Voitenok.
Players
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
6.35%
Cash-on-Cash
-1.81%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93