Updated Dec 21, 2023
David Aronson Acquires Multifamily In Oakland Park For $3.3M
476 Northwest 43rd Street, Oakland Park, Florida 33309, United States
$3,300,000
$214/SF
Building Size
15,400 SF
Asset Type
MultiFamily
Closing
Jun 16, 2022
About this deal
AI
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.
On the Map
$3,300,000
$214/SF
MultiFamily
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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
4.81%
Cash-on-Cash
-1.37%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93