Meir M. Cohen & Menachem Light Acquire Care Facility In Pompano Beach, FL For $3.1M
1020 North Riverside Drive, Pompano Beach, Florida 33062, United States
$3,100,000
$578/SF
Building Size
5,356 SF
Asset Type
Other
Closing
Jun 19, 2022
AI
The care facility located at 1020 N Riverside Dr in Pompano Beach, FL was recently sold in a transaction. The property spans 5,356 square feet and was sold for a price of $3,100,000, resulting in a price per square foot of $578.
Summary of transaction details:
- Property Type: Care Facilities
- Transaction Amount: $3,100,000
- Address: 1020 N Riverside Dr, Pompano Beach, FL
- Square Footage: 5,356
The buyer of the care facility was Meir M. Cohen & Menachem Light, while the seller was Lupo Talmo.
Players
Pompano Beach Other Market Snapshot
Boundary boundary · Other · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.12%
Cash-on-Cash
-1.46%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93