facebook
Traded Co logo
Submit

Dan Dratch & Ryan Wold Of Franklin Street Facilitate Sale Of North Lauderdale Multifamily For $9.3M

Property Image
SOLD
$9,300,000

Florida

See Similar Deals
MultiFamily28,500 SF
Sold 06/03/2025
the dealplayerscompscontact
Property Image
SOLD

Dan Dratch & Ryan Wold Of Franklin Street Facilitate Sale Of North Lauderdale Multifamily For $9.3M

728 Southwest 81st Avenue

See Similar Deals
MultiFamily28,500 SF
Sold 06/03/2025
Contact now

Summary

FLORIDA
Asset Type:MultiFamily
Price Per Square Foot:$326
Total Square Footage:28,500 SF
Transaction Type:Sale

The property asset involved in the transaction is a multifamily unit located at 728 Southwest 81st Avenue in North Lauderdale. The sale price for this asset was $9,300,000, which encompasses 30 units. The total square footage of the property is 28,500, resulting in a price per unit of $310,000 and a price per square foot of $326.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $9,300,000
  • Units: 30
  • Square Footage: 28,500
  • Price Per Unit: $310,000
  • Price Per Square Foot: $326
  • Date of Sale: 6/3/2025
  • Address: 728 Southwest 81st Avenue
  • Market: North Lauderdale
  • Brokers: Dan Dratch & Ryan Wold - Franklin Street

Dan Dratch and Ryan Wold represented the transaction as brokers from Franklin Street, facilitating the sale of the multifamily property. Their involvement in this transaction highlights their role in navigating the complexities of the deal within the North Lauderdale market.

Players

Dan Dratch
48 deals$267.8M volume
BROKER

Ryan Wold
Franklin Street
40 deals$210.5M volume(954) 312-1678
BROKER

Details

SOLD
IMAGE: Dan Dratch & Ryan Wold DATE: 6/3/2025 ADDRESS: 728 Southwest 81st Avenue MARKET: North Lauderdale ASSET TYPE: Multifamily BROKERS: Dan Dratch (@_Big_Smoothie) & Ryan Wold (@DJSunsett) - Franklin Street (@FranklinStreet.CRE) SALE PRICE: $9,300,000 UNITS: 30 ~ PPU: $310,000 SF: 28,500 ~ PPSF: $326

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)

$496,000.01

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$33,040.93
Cash-on-Cash Return-1.27%
Monthly Debt Service$44,086.74
Annual Debt Service$529,040.94