Carol L Otis & Roger Goldingay Acquire Fort Lauderdale Office Building For $9.75M
4101 Northwest 3rd Court, Plantation, Florida 33317, United States
$9,750,000
$154/SF
Building Size
63,165 SF
Asset Type
Office
Closing
May 26, 2022
About this deal
AI
The office building located at 4101 W 3rd CT in Fort Lauderdale, FL was recently sold. The property spans 63,165 square feet and was sold for a price of $9,750,000. The price per square foot for this transaction was $154.
Summary of transaction details
- Property Type: Office Building
- Transaction Amount: $9,750,000
- Address: 4101 W 3rd CT, Fort Lauderdale, FL
- Market: Fort Lauderdale, FL
- Square Footage: 63,165
- Price per Square Foot (PPSF): $154
Carol L Otis and Roger Goldingay were the buyers, while Michael Andrew Tischer was the seller in this transaction. No additional details about the individuals or companies involved were provided.
Players
Plantation 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
1.63%
Cash-on-Cash
-0.46%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93