SOLDOther
Felipe Baiz Cabal Acquires Education Facility In Fort Lauderdale For $3.3M
1051 Shotgun Road, Fort Lauderdale, Florida 33326, United States
$3,300,000
$379/SF
Building Size
8,694 SF
Asset Type
Other
Closing
Jun 5, 2022
About this deal
AI
The education property located at 1051 Shotgun Rd in Fort Lauderdale, FL has been sold for $3,300,000. The property measures 8,694 square feet, resulting in a price per square foot of $379. The transaction took place on 06/06/2022.
Summary of transaction details
- Property Type: Education
- Transaction Amount: $3,300,000
- Address: 1051 Shotgun Rd, Fort Lauderdale, FL
- Market: Fort Lauderdale, FL
- Square Footage: 8,694
- Price per Square Foot: $379
The buyer of the property is Felipe Baiz Cabal, while the seller is Terry Chemtov.
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.81%
Cash-on-Cash
-1.37%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93