Todd Wolf Acquires Office Building In Fort Lauderdale For $2.4M
6340 Northwest 5th Way, Fort Lauderdale, Florida 33309, United States
$2,400,000
$199/SF
Building Size
12,004 SF
Asset Type
Office
Closing
Mar 15, 2022
About this deal
AI
The office located at 6340 NW 5th Way in Fort Lauderdale, FL was recently sold for $2,400,000. The property spans 12,004 square feet, resulting in a price per square foot of $199.
Summary of transaction details
- Property Type: Office
- Transaction Amount: $2,400,000
- Square Footage: 12,004
- Price per Square Foot: $199
The buyer of this office property was Todd Wolf, while the seller was Paul P. Hauser.
The office sale at 6340 Northwest 5th Way, Fort Lauderdale, Florida 33309, United States in Fort Lauderdale, Florida sold for $2.4M in 2022. The building is 12,004 square feet, implying about 199 per square foot on the published price. This page is the Fort Lauderdale, Florida file for the 6340 Northwest 5th Way, Fort Lauderdale, Florida 33309, United States office sold: pricing, party profiles, and other closed office comps from the same Fort Lauderdale sit in the Market section below. Filter that Fort Lauderdale office set by closing date to see what else sold near 6340 Northwest 5th Way, Fort Lauderdale, Florida 33309, United States around 2022. Published consideration for 6340 Northwest 5th Way, Fort Lauderdale, Florida 33309, United States is $2.4M, dated 2022. Cite this Todd Wolf Acquires Office Building In Fort Lauderdale For $2.4M sale when underwriting similar office product around Fort Lauderdale, Florida.
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Fort Lauderdale Office Market Snapshot
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
6.61%
Cash-on-Cash
-1.89%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93