Shidler Group Acquires Property In Fort Lauderdale With Buyer’s Rep Jose Mota And Seller’s Rep Jaret Turkell
420 SW 27th Ave, Fort Lauderdale, FL...
Building Size
—
Asset Type
MultiFamily
Closing
Mar 30, 2022
AI
The property asset involved in this transaction is located at 420 SW 27th Ave, Fort Lauderdale, FL, in the Fort Lauderdale market. The size of the property is 0 square feet. The transaction involves the Shidler Group as the buyer and Morgan as the seller.
Summary of transaction details:
- Property Type: Sale
- Transaction Amount: Not specified
- Address: 420 SW 27th Ave, Fort Lauderdale, FL
- Market: Fort Lauderdale
- Buyer: Shidler Group
- Seller: Morgan
- Buyer's Rep: Jose Mota - Berkadia
- Seller's Rep: Jaret Turkell - Berkadia
The transaction involved key individuals such as Jose Mota and Jaret Turkell, both representing Berkadia in their respective roles as buyer's and seller's representatives. Their involvement highlights the professional brokerage support provided during the transaction process, facilitating the deal between the parties involved.
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
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93