Sydnee Samuel Acquires Office In Fort Lauderdale For $4.65M
SOLD
$4,653,000
Florida
See Similar DealsOffice12,243 SF
Sold 03/31/2022
SOLD
Sydnee Samuel Acquires Office In Fort Lauderdale For $4.65M
5900 North Hiatus Road, Sunrise, Florida 33351, United States
See Similar DealsOffice12,243 SF
Sold 03/31/2022
Summary
FLORIDA
Asset Type:Office
Price Per Square Foot:$380
Total Square Footage:12,243 SF
Transaction Type:Sale
The office property located at 5900 N Hiatus Rd in Fort Lauderdale, FL has been sold. The transaction took place on March 31, 2022.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $4,653,000
- Square Footage: 12,243
- Price per Square Foot: $380
- Address: 5900 N Hiatus Rd, Fort Lauderdale, FL
- Market: Fort Lauderdale, FL
The buyer of the property is Sydnee Samuel, while the sellers are Angela Ruth Speros, Robert Daniel Scarfone, Danny Scarfone, and David Napoli.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$248,160.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$16,531.13
Cash-on-Cash Return-1.27%
Monthly Debt Service$22,057.59
Annual Debt Service$264,691.13
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