Ofer Sela & Ran Dolev Acquire Multifamily Property In Fort Lauderdale, FL For $2.2M
SOLD
Florida
See Similar DealsMultiFamily6,567 SF
Sold 10/26/2022
SOLD
Ofer Sela & Ran Dolev Acquire Multifamily Property In Fort Lauderdale, FL For $2.2M
600 Northeast 46th Court, Fort Lauderdale, Florida 33334, United States
See Similar DealsMultiFamily6,567 SF
Sold 10/26/2022
Summary
FLORIDA
Asset Type:MultiFamily
Price Per Square Foot:$335
Total Square Footage:6,567 SF
Transaction Type:Sale
The multifamily property located at 600 Ne 46th Ct in Fort Lauderdale, FL has been sold in a recent transaction. The property spans 6,567 square feet and was sold for a price of $2,200,000. The price per square foot for this transaction is $335.01.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $2,200,000.00
- Square footage: 6,567
- Price per square foot: $335.01
The buyers in this transaction are Ofer Sela and Ran Dolev. They acquired the property from the sellers, Alon Peles and Erez Olezki.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$117,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$7,816.15
Cash-on-Cash Return-1.27%
Monthly Debt Service$10,429.12
Annual Debt Service$125,149.47
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