Pamela L Eck Acquires Fort Lauderdale Office Building For $2.2M
918 Northeast 20th Avenue, Fort Lauderdale, Florida 33301, United States
$2,200,000
$364/SF
Building Size
6,029 SF
Asset Type
Office
Closing
May 17, 2022
About this deal
AI
The office building located at 914-918 NE 20th Ave in Fort Lauderdale, FL has been sold for a price of $2,200,000. The property spans across 6,029 square feet, resulting in a price per square foot of $364.
Summary of transaction details
- Property Type: Office Building
- Transaction Amount: $2,200,000
- Address: 914-918 NE 20th Ave, Fort Lauderdale, FL
- Market: Fort Lauderdale, FL
The buyer of the property is Pamela L Eck, while the sellers are Elaine Klairmont, Larry M Klairmont, and Alfred M Klairmont.
Players
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
7.21%
Cash-on-Cash
-2.06%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93