Anuj Grover Acquires Office Building In Fort Lauderdale, FL For $4.9M
SOLD
$4,900,000
Florida
See Similar DealsOffice36,282 SF
Sold 07/15/2022
SOLD
Anuj Grover Acquires Office Building In Fort Lauderdale, FL For $4.9M
6261 Northwest 6th Way, Fort Lauderdale, Florida 33309, United States
See Similar DealsOffice36,282 SF
Sold 07/15/2022
Summary
FLORIDA
Asset Type:Office
Price Per Square Foot:$135
Total Square Footage:36,282 SF
Transaction Type:Sale
The office building located at 6261 NW 6th Way in Fort Lauderdale, FL has been sold. The property spans a total area of 36,282 square feet and was sold for a price of $4,900,000, resulting in a price per square foot of $135.
Summary of transaction details:
- Property Type: Office Building
- Transaction Amount: $4,900,000
- Address: 6261 NW 6th Way, Fort Lauderdale, FL
- Total Area: 36,282 square feet
- Price per Square Foot: $135
- Market: Fort Lauderdale, FL
The buyer in this transaction is Anuj Grover, while the seller is John D. Voigt.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$261,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$17,408.68
Cash-on-Cash Return-1.27%
Monthly Debt Service$23,228.50
Annual Debt Service$278,742.00
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