Patrick Bet-David's Valuetainment Acquires Office Building In Oakland Park For $4.4M
5100 Dixie Highway, Oakland Park, Florida 33334, United States
$4,400,000
$351/SF
Building Size
12,510 SF
Asset Type
Office
Closing
Dec 15, 2021
AI
Located at 5100 N. Dixie Hwy in Oakland Park, this office property spans across 1.65 acres. The transaction took place on December 15, 2021, and involved a sale.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $4,400,000
- Square Footage: 12,510
- Price per Square Foot: $352
- Market: Oakland Park
Patrick Bet-David, the CEO of Valuetainment, acted as the buyer in this transaction. The seller was IDDI (ID & Design International). Jaime Sturgis from Native Realty acted as the broker representing both parties.
Note: No additional information is available regarding this deal.
Players
Oakland Park 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
3.61%
Cash-on-Cash
-1.03%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93