Updated Dec 21, 2023
Alexis Garcia & Alejandra Sierra Acquire Multifamily In Pompano Beach For $4.55M
951 SW 12th Ave, Pompano Beach, FL, USA
$4,550,000
$135/SF
Building Size
33,522 SF
Asset Type
MultiFamily
Closing
Sep 29, 2021
About this deal
AI
A multifamily property located at 951 SW 12th Ave in Pompano Beach was recently sold for $4,550,000. The property spans a total of 33,522 square feet, resulting in a price per square foot of $135.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $4,550,000
- Address: 951 SW 12th Ave, Pompano Beach
- Market: Pompano Beach
Alexis Garcia & Alejandra Sierra represented the buyer in this transaction, while Gustavo Gutierrez acted as the seller's representative.
The multifamily sale at 951 SW 12th Ave, Pompano Beach, FL, USA in Pompano Beach, Florida sold for $4.6M in 2021. The building is 33,522 square feet, implying about 135 per square foot on the published price. Named participants on the 951 SW 12th Ave, Pompano Beach, FL, USA sale are Alexis Garcia. This page is the Pompano Beach, Florida file for the 951 SW 12th Ave, Pompano Beach, FL, USA multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Pompano Beach sit in the Market section below. Filter that Pompano Beach multifamily set by closing date to see what else sold near 951 SW 12th Ave, Pompano Beach, FL, USA around 2021. Published consideration for 951 SW 12th Ave, Pompano Beach, FL, USA is $4.6M, dated 2021. Cite this Alexis Garcia & Alejandra Sierra Acquire Multifamily In Pompano Beach For $4.55M sale when underwriting similar multifamily product around Pompano Beach, Florida.
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Pompano Beach 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
3.49%
Cash-on-Cash
-1.00%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93