Updated Dec 19, 2023
Melanie Hofer Acquires Multifamily Property In Pompano Beach From Barbara Mcauliffe For $2.04M
461 Southeast 19th Avenue, Pompano Beach, Florida 33060, United States
$2,038,000
$548/SF
Building Size
3,713 SF
Asset Type
MultiFamily
Closing
Jun 21, 2022
About this deal
AI
The multifamily property located at 461 SE 19th Ave in Pompano Beach, FL has been sold. The property spans 3,713 square feet and was sold for a price of $2,038,000, resulting in a price per square foot of $548.
Summary of transaction details:
- Property Type: Multifamily
- Date: 06/22/2022
- Address: 461 SE 19th Ave, Pompano Beach, FL
- Buyer: Melanie Hofer
- Seller: Barbara Mcauliffe
- Price: $2,038,000
- Square Footage: 3,713
- Price per Square Foot: $548
Melanie Hofer acted as the buyer in this transaction, while Barbara Mcauliffe served as the seller. The deal successfully closed on the specified date.
Players
Pompano Beach 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
7.78%
Cash-on-Cash
-2.22%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93