Pinecrest Multifamily Property Sold For $6.8 Million With Seller's Reps Marko Gojanovic, Reid Heidenry & Jared Robins
SOLD
$6,800,000
Florida
See Similar DealsMultiFamily8,204 SF
Sold 09/06/2024
SOLD
Pinecrest Multifamily Property Sold For $6.8 Million With Seller's Reps Marko Gojanovic, Reid Heidenry & Jared Robins
7310 Southwest 104th Street
See Similar DealsMultiFamily8,204 SF
Sold 09/06/2024
Summary
FLORIDA
Asset Type:MultiFamily
Price Per Square Foot:$828
Total Square Footage:8,204 SF
Transaction Type:Sale
The property asset involved in this transaction is a single-family home located at 7310 Southwest 104th Street in the Pinecrest market. The sale price of the property was $6,800,000, with a total square footage of 8,204 and a price per square foot of $828.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $6,800,000
- Address: 7310 Southwest 104th Street
- Market: Pinecrest
- Square Footage: 8,204
- Price per Square Foot: $828
- Seller's Representatives: Marko Gojanovic, Reid Heidenry & Jared Robins - Sotheby's International Realty
The key individuals involved in this transaction are Marko Gojanovic, Reid Heidenry, and Jared Robins, who represented the sellers. They are associated with Sotheby's International Realty, acting on behalf of the seller in this deal.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$362,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$24,158.96
Cash-on-Cash Return-1.27%
Monthly Debt Service$32,235.47
Annual Debt Service$386,825.63
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