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8190 West Sunrise Boulevard...

MMG Equity Partners Acquires Office In Plantation For $3.5M
SOLDOffice

MMG Equity Partners Acquires Office In Plantation For $3.5M

8190 West Sunrise Boulevard, Plantation, Florida 33322, United States

$3,500,000

$182/SF

Building Size

19,178 SF

Asset Type

Office

Closing

Jan 9, 2022

AI

Located at 8190 W Sunrise Blvd in Plantation, this office property has been sold in a recent transaction. The property has a total square footage of 19,178 and a price per square foot of $183. The sale price for this transaction was $3,500,000. The seller in this deal was Sergio Fliter.

Summary of transaction details

  • Property Type: Office
  • Transaction Amount: $3,500,000
  • Square Footage: 19,178
  • Price per Square Foot: $183

MMG Equity Partners, represented by Gabe Navarro and Marcos Puente, acted as the buyer in this transaction. They acquired the office property from Sergio Fliter.

Players

Gabe Navarro

MMG Equity Partners

Buyer

$58.5M

vol

5 deals

Buyer

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

4.53%

Cash-on-Cash

-1.30%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93