Updated Dec 21, 2023
Shmuel Aizenberg Acquires Multifamily Property In Fort Lauderdale, FL For $2.7M
729 Southwest 2nd Avenue, Fort Lauderdale, Florida 33315, United States
$2,685,000
$367/SF
Building Size
7,303 SF
Asset Type
MultiFamily
Closing
Jun 26, 2022
About this deal
AI
A multifamily property located at 729 SW 2nd CT in Fort Lauderdale, FL has been sold in a recent transaction. The property spans 7,303 square feet and was sold for a price of $2,685,000, resulting in a price per square foot of $367.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $2,685,000
- Address: 729 SW 2nd CT, Fort Lauderdale, FL
- Market: Fort Lauderdale, FL
The buyer of the property is Shmuel Aizenberg, while the seller is Mitchell J Lambert & Haan Nolan.
Additional details about the transaction are not available.
Players
Fort Lauderdale 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
5.91%
Cash-on-Cash
-1.69%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93