facebook
Traded Co logo
Submit

BM2 Realty Acquires Multifamily Property In Lauderdale Lakes, Fort Lauderdale For $6.95M

Property Image
SOLD
$6,950,000
Greg Matus
Dan Dratch
+ 2

Florida

See Similar Deals
MultiFamily36,450 SF
Sold 09/17/2021
the dealplayerscompscontact
Property Image
SOLD

BM2 Realty Acquires Multifamily Property In Lauderdale Lakes, Fort Lauderdale For $6.95M

3380 Northwest 30th Street, Lauderdale Lakes, FL, USA

See Similar Deals
MultiFamily36,450 SF
Sold 09/17/2021
Greg Matus
Dan Dratch
+ 2
Contact now

Summary

FLORIDA
Asset Type:MultiFamily
Price Per Square Foot:$190
Total Square Footage:36,450 SF
Transaction Type:Sale

The multifamily property located at 3380-3400 NW 30th St. in Lauderdale Lakes, Fort Lauderdale has been sold. The transaction took place on 09/17/2021. The property consists of 48 units with a total square footage of 36,450. The sale price for this asset was $6,950,000, resulting in a price per unit of $144,792 and a price per square foot of $191.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $6,950,000
  • Market: Lauderdale Lakes, Fort Lauderdale
  • Buyer: BM2 Realty - Alejandro Gershanik
  • Seller: Tidegate Capital - Colin O'Keeffe & Guy Holbrook
  • Seller's Rep: Dan Dratch & Greg Matus - Franklin Street
  • Units: 48
  • Price per Unit: $144,792
  • Square Footage: 36,450
  • Price per Square Foot: $191

The buyer of the property is BM2 Realty represented by Alejandro Gershanki. The seller, Tidegate Capital, had Colin O'Keeffe and Guy Holbrook involved in the transaction. Dan Dratch and Greg Matus, from Franklin Street, represented the sellers in the deal.

Players

Greg Matus
39 deals$386.5M volume
BROKER

Dan Dratch
Franklin Street
48 deals$267.8M volume
BROKER

Alejandro Gershanik
BM2 Realty
34 deals$94.9M volume(305) 572-3646
BROKER


2 deals$12.8M volume
SELLER

Details

SOLD
IMAGE: Dan Dratch, Colin O'Keeffe, Greg Matus, Guy Holbrook & Alejandro Gershanik DATE: 09/17/2021 ADDRESS: 3380-3400 NW 30th St. MARKET: Lauderdale Lakes, Fort Lauderdale ASSET TYPE: Multifamily BUYER: BM2 Realty - Alejandro Gershanik SELLER: Tidegate Capital - Colin O'Keeffe & Guy Holbrook SELLER'S REP: Dan Dratch & Greg Matus - Franklin Street (@FranklinStreet.Cre) SALE PRICE: $6,950,000 UNITS: 48 ~ PPU: $144,792 SF: 36,450 ~ PPSF: $191

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$370,666.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$24,691.88
Cash-on-Cash Return-1.27%
Monthly Debt Service$32,946.55
Annual Debt Service$395,358.55