Updated Nov 17, 2023
Total Real Estate Consultants Sells Gas Station On Powerline Road, Deerfield Beach For $1.4M
390 Powerline Road
$1,400,000
$64/SF
Building Size
21,563 SF
Asset Type
MultiFamily
Closing
Mar 30, 2023
About this deal
AI
A gas station located at 390 Powerline Road in Deerfield Beach, FL has been sold for a total price of $1,400,000. The property spans a total area of 21,563 square feet, resulting in a price per square foot of $65.
Summary of transaction details
- Property Type: Gas Station
- Transaction Amount: $1,400,000
- Address: 390 Powerline Road, Deerfield Beach, FL
- Market: Deerfield Beach, FL
- Broker: Jamil El Srouji (561-542-4468) - Total Real Estate Consultants
The deal was facilitated by Jamil El Srouji from Total Real Estate Consultants. His expertise and representation played a significant role in the successful transaction.
Players
Market 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
11.33%
Cash-on-Cash
-3.24%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93