Duong T Duong & Hung Dang Pham Acquire Miscellaneous Property In Fort Lauderdale, FL From Richard Beckwitt For $2.06M
9885 Espresso Manor, Boca Raton, Florida 33496, United States
$2,700,000
Building Size
—
Asset Type
Other
Closing
Jul 14, 2022
About this deal
AI
The miscellaneous property located at 1950 S Hiatus Rd in Fort Lauderdale, FL has been sold. The transaction took place on November 10, 2022, with Duong T Duong & Hung Dang Pham as the buyers and Richard Beckwitt as the seller. The property was sold for a total price of $2,058,590.
Summary of transaction details:
- Property Type: Miscellaneous
- Transaction Amount: $2,058,590
- Address: 1950 S Hiatus Rd, Fort Lauderdale, FL
- Market: Fort Lauderdale, FL
Duong T Duong & Hung Dang Pham were represented by their broker in this transaction. The deal involved key individuals and companies, including the buyer's representative and the seller.
Players
Boca Raton Other Market Snapshot
Boundary boundary · Other · Sale transactions
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Deal FAQ
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.88%
Cash-on-Cash
-1.68%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93