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4209 El Mar Drive, Fort Lau...

Updated Dec 21, 2023

Yousef Botros Acquires Fort Lauderdale Multifamily For $2.95M
SOLDMultiFamily

Yousef Botros Acquires Fort Lauderdale Multifamily For $2.95M

4209 El Mar Drive, Fort Lauderdale, Florida 33308, United States

$2,950,000

$641/SF

Building Size

4,597 SF

Asset Type

MultiFamily

Closing

May 30, 2022

About this deal

AI

The multifamily property located at 4209 El Mar Dr in Fort Lauderdale, FL has been sold in a recent transaction. The property spans 4,597 square feet and was sold for a price of $2,950,000, resulting in a price per square foot of $641.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $2,950,000
  • Address: 4209 El Mar Dr, Fort Lauderdale, FL
  • Square Footage: 4,597
  • Price per Square Foot: $641

The buyer in this transaction is Yousef Botros, while the seller is Jesse Dalen.

On the Map

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$2,950,000

$641/SF

MultiFamily

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Players

Jesse Dalen

Seller

$13.7M

vol

4 deals

Seller
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Lauderdale By The Sea MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $641 per square foot on a published $3M for 4,597 square feet (2022).

Visit Jesse Dalen to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.38%

Cash-on-Cash

-1.54%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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