Treevita Acquires Lauderhill Multifamily From KVR Properties For $18.8M
5211 Northwest 27th Street, Lauderhill, FL, USA
$18,800,000
$238/SF
Building Size
79,000 SF
Asset Type
MultiFamily
Closing
Dec 30, 2020
AI
A multifamily property in Lauderhill has been sold for $18,800,000. The property, located at 5211 - 5458 Northwest 27th Street & 5411 Northwest 25th Court, spans 79,000 square feet. It was sold to Treevita by KVR Properties. The transaction took place on December 31, 2020.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $18,800,000
- Address: 5211 - 5458 Northwest 27th Street & 5411 Northwest 25th Court
- Market: Lauderhill
Hugo Cascavita from Treevita and Arvind Reddy from KVR Properties were the key individuals involved in the deal.
Players
Lauderhill MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.84%
Cash-on-Cash
-0.24%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93