Updated Dec 21, 2023
Amin Jamal Acquires Multifamily Property In Fort Lauderdale For $3.1M
749 SE 15th St, Fort Lauderdale, FL, USA
$3,100,000
$405/SF
Building Size
7,645 SF
Asset Type
MultiFamily
Closing
Jun 24, 2021
About this deal
AI
The multifamily property located at 749 SE 15th St in Fort Lauderdale was sold in a recent transaction. The property spans 7,645 square feet and was sold for a price of $3,100,000, resulting in a price per square foot of $405.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $3,100,000
- Square Footage: 7,645
- Price per Square Foot: $405
- Address: 749 SE 15th St, Fort Lauderdale
- Market: Fort Lauderdale
Amin Jamal acted as the buyer in this transaction, while John J. & Judith T. Lynch served as the sellers.
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
5.12%
Cash-on-Cash
-1.46%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93