Frank Frione Acquires Office Building From Wendy Urso In Plantation For $1.67M
6500 6530 W Sunrise Blvd
$1,667,000
$260/SF
Building Size
6,400 SF
Asset Type
Office
Closing
Jun 12, 2023
AI
This office property is located at 6500 6530 W Sunrise Blvd in the Plantation market. The asset encompasses a total square footage of 6,400 and was sold for a transaction amount of $1,667,000.00.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $1,667,000.00
- Square Footage: 6,400
- Address: 6500 6530 W Sunrise Blvd
- Market: Plantation
The buyer of the property is Frank Frione, while the seller is Wendy Urso. The transaction was facilitated by broker Tyler Kuhlman, representing the seller in this deal.
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
9.52%
Cash-on-Cash
-2.72%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93