Matthew Zarraga & Khongruk Wongkittiroch Acquire Fort Lauderdale Office Building For $2.65M
2830 East Oakland Park Boulevard, Fort Lauderdale, Florida 33306, United States
$2,650,000
$376/SF
Building Size
7,038 SF
Asset Type
Office
Closing
Aug 30, 2022
About this deal
AI
An office building located at 2830 E Oakland Park Blvd in Fort Lauderdale, FL has been sold in a transaction that closed on August 31, 2022. The property spans a total area of 7,038 square feet and was sold for a price of $2,650,000, resulting in a price per square foot of $376.
Summary of transaction details
- Property Type: Office Building
- Transaction Amount: $2,650,000
- Address: 2830 E Oakland Park Blvd, Fort Lauderdale, FL
- Market: Fort Lauderdale, FL
The office building was purchased by Matthew Zarraga and Khongruk Wongkittiroch from the sellers, Anthony Schiuma and Beverly A Schiuma.
Players
Fort Lauderdale Office Market Snapshot
Boundary boundary · Office · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.99%
Cash-on-Cash
-1.71%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93