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420 SW 27th Ave, Fort Laude...

Shidler Group Acquires Property In Fort Lauderdale With Buyer’s Rep Jose Mota And Seller’s Rep Jaret Turkell
SOLDMultiFamily

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

Jaret Turkell

Berkadia

Broker

$3.2B

vol

49 deals

Broker
SG
Shidler GroupBuyer

Fort Lauderdale MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

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