Moshe Manoah & Emilia R Akridge Acquire Multifamily Property In Fort Lauderdale, FL For $1.2M
805 Southeast 19th Street, Fort Lauderdale, Florida 33316, United States
$1,200,000
$464/SF
Building Size
2,585 SF
Asset Type
MultiFamily
Closing
Mar 24, 2022
AI
The multifamily property located at 801-805 SE 19th St, Fort Lauderdale, FL, was sold on March 25, 2022. The property spans a total of 2,585 square feet and was sold for a price of $1,200,000, resulting in a price per square foot of $318.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,200,000
- Address: 801-805 SE 19th St, Fort Lauderdale, FL
- Square Footage: 2,585
- Price per Square Foot: $318
Moshe Manoah & Emilia R Akridge purchased the property from Saul Levy.
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
13.22%
Cash-on-Cash
-3.78%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93