Deepak Khosa Acquires Multifamily Property In Pembroke Pines For $5M
6840 Pembroke Road, Pembroke Pines, Florida 33023, United States
$5,000,000
$194/SF
Building Size
25,662 SF
Asset Type
MultiFamily
Closing
Jun 12, 2022
AI
A multifamily property located at 6840 Pembroke Road & 1871 SW 69th Avenue in Pembroke Pines has been sold for a total price of $5,000,000. The property consists of 35 units with an average price per unit of $142,857. The total square footage of the property is 25,662, with a price per square foot of $195. The transaction took place on June 13, 2022.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $5,000,000
- Address: 6840 Pembroke Road & 1871 SW 69th Avenue
- Market: Pembroke Pines
The buyer of the property is Deepak Khosa, while Boris Overutsky is the seller. The transaction was facilitated by brokers Joseph Thomas, Adam Duncan, and Marisol Hernandez from Marcus & Millichap.
Players
Pembroke Pines 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
3.17%
Cash-on-Cash
-0.91%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93