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951 SW 12th Ave, Pompano Be...

Updated Dec 20, 2023

Alexis Garcia & Alejandra Sierra Acquire Multi Family Property In Pompano Beach, FL For $4.55M
SOLDMultiFamily

Alexis Garcia & Alejandra Sierra Acquire Multi Family Property In Pompano Beach, FL For $4.55M

951 SW 12th Ave, Pompano Beach, Florida, USA

$4,550,000

$135/SF

Building Size

33,522 SF

Asset Type

MultiFamily

Closing

Sep 29, 2021

About this deal

AI

A multi-family property located at 951 SW 12th Ave in Pompano Beach, FL was recently sold. The property spans across a total of 33,522 square feet. The transaction took place on September 30, 2021, with a purchase price of $4,550,000. This equates to a price per square foot of $136.

Summary of transation details

  • Property Type: Multi Family
  • Transaction Amount: $4,550,000
  • Square Footage: 33,522
  • Address: 951 SW 12th Ave, Pompano Beach, FL
  • Market: Pompano Beach, FL

The buyers of the property are Alexis Garcia and Alejandra Sierra, while Gustavo Gutierrez acted as the seller. There are no further details available regarding the individuals or companies involved in the deal.

Players

Alexis Garcia

Buyer

$9.1M

vol

2 deals

Buyer

Pompano Beach MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $135 per square foot on a published $4.6M for 33,522 square feet (2021).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

3.49%

Cash-on-Cash

-1.00%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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