Shlomo Khodara Acquires Multifamily Property In Fort Lauderdale For $2.25M
SOLD
$2,250,000
Florida
See Similar DealsMultiFamily10,000 SF
Sold 09/28/2021
SOLD
Shlomo Khodara Acquires Multifamily Property In Fort Lauderdale For $2.25M
917 Northeast 5th Avenue, Hialeah, FL 33010, USA
See Similar DealsMultiFamily10,000 SF
Sold 09/28/2021
Summary
FLORIDA
Asset Type:MultiFamily
Price Per Square Foot:$225
Total Square Footage:10,000 SF
Transaction Type:Sale
A multifamily property located at 917 Northeast 17 Court, 3040 Northeast 21 Avenue, and 2503 Northwest 5th Avenue in Fort Lauderdale has been sold. The transaction took place on September 28, 2021. The property consists of 13 units with a total area of 10,000 square feet.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $2,250,000
- Buyer: Shlomo Khodara
- Seller: Mark Gurmet
- Broker: Inbal Ruiz - Media Realty
- Price per unit: $173,077
- Price per square foot: $225
The buyer of the property is Shlomo Khodara, while the seller is Mark Gurmet. Inbal Ruiz from Media Realty represented the buyer in this transaction.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$120,000.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$7,993.77
Cash-on-Cash Return-1.27%
Monthly Debt Service$10,666.15
Annual Debt Service$127,993.77
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