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
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.
Players
Lauderdale By The Sea 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
5.38%
Cash-on-Cash
-1.54%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93