facebook
Traded Co logo
Submit

David Aronson Acquires Multifamily In Oakland Park For $3.3M

Property Image
SOLD
$3,300,000

Florida

See Similar Deals
MultiFamily15,400 SF
Sold 06/17/2022
the dealplayerscompscontact
Property Image
SOLD

David Aronson Acquires Multifamily In Oakland Park For $3.3M

476 Northwest 43rd Street, Oakland Park, Florida 33309, United States

See Similar Deals
MultiFamily15,400 SF
Sold 06/17/2022
Contact now

Summary

FLORIDA
Asset Type:MultiFamily
Price Per Square Foot:$214
Total Square Footage:15,400 SF
Transaction Type:Sale

A multifamily property located at 476 NW 43rd St in Oakland Park has been sold for a total price of $3,300,000. The transaction took place on June 17, 2022. The property consists of 11 units, with a price per unit of $300,000. The total square footage of the property is 15,400, with a price per square foot of $214. The sale was facilitated by broker Austin Bergman from Compass.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $3,300,000
  • Units: 11
  • Price per Unit: $300,000
  • Square Footage: 15,400
  • Price per Square Foot: $214
  • Market: Oakland Park

The buyer of the property is David Aronson, while the seller is Thomas Smith. Austin Bergman from Compass served as the broker in the transaction, representing both the buyer and the seller.

Players

Austin Bergman
5 deals$18.2M volume
BROKER


5 deals$25.8M volume
SELLER

Details

SOLD
IMAGE: Austin Bergman DATE: 06/17/2022 ADDRESS: 476 NW 43rd St MARKET: Oakland Park ASSET TYPE: Multifamily BUYER: David Aronson SELLER: Thomas Smith BROKER: Austin Bergman (@AustinwBergman) - (@TheChadCarrollGroup) - Compass (@Compass) (@CompassFl) SALE PRICE: $3,300,000 UNITS: 11 ~ PPU: $300,000 SF: 15,400 ~ PPSF: $214

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$175,999.99

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$11,724.21
Cash-on-Cash Return-1.27%
Monthly Debt Service$15,643.68
Annual Debt Service$187,724.20