Updated Dec 21, 2023
Andrew & Cory Shader Acquire Multifamily Property In Fort Lauderdale For $7.3M
4351 Northeast 12th Terrace, Oakland Park, Florida 33334, United States
$7,275,000
$224/SF
Building Size
32,436 SF
Asset Type
MultiFamily
Closing
Jan 11, 2022
About this deal
AI
The multifamily property located at 4351 Ne 12th Ter in Fort Lauderdale, FL has been sold. The transaction took place on 01/12/2022. The property spans a total of 32,436 square feet, with a price per square foot of $224. The total sale price for the property was $7,275,000.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $7,275,000
- Address: 4351 Ne 12th Ter, Fort Lauderdale, FL
- Market: Fort Lauderdale, FL
- Buyer: Andrew Shader & Cory Shader
- Seller: Hugh H Mccauley
- Square Footage: 32,436
- Price per Square Foot: $224
The buyers in this transaction were Andrew Shader & Cory Shader. The seller of the property was Hugh H Mccauley.
On the Map
$7,275,000
$224/SF
MultiFamily
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Players
Oakland Park 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
2.18%
Cash-on-Cash
-0.62%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93