H H Us Real Estate Plantation LLC Acquires Office Building On W Broward Blvd For $11.17M
8220 W Broward Blvd, Fort Lauderdale, FL, USA
$11,170,000
$495/SF
Building Size
22,534 SF
Asset Type
Office
Closing
Oct 14, 2021
About this deal
AI
An office property located at 8210-8220 W Broward Blvd in Fort Lauderdale has been sold for a total of $11,170,000. The property is part of the real estate portfolio acquired by H H Us Real Estate Plantation LLC from the seller, Jon Samuel. This transaction marks a significant investment in the Fort Lauderdale office market.
Summary of transaction details
- Property Type: Office
- Transaction Amount: $11,170,000
- Address: 8210-8220 W Broward Blvd, Fort Lauderdale
- Buyer: H H Us Real Estate Plantation LLC
- Seller: Jon Samuel
H H Us Real Estate Plantation LLC, represented by their broker, successfully closed the deal to acquire this office asset. This transaction demonstrates the strong demand for office properties in Fort Lauderdale and the confidence investors have in the local market.
On the Map
$11,170,000
$495/SF
Office
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Fort Lauderdale 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
1.42%
Cash-on-Cash
-0.41%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93