Iqbal G Panjwani Acquires Automotive Property In Coral Springs For $2.75M
2290 Coral Springs Drive, Coral Springs, Florida 33071, United States
$2,750,000
$919/SF
Building Size
2,992 SF
Asset Type
Other
Closing
Apr 11, 2022
About this deal
AI
An automotive property located at 2290 Coral Springs Dr in Coral Springs, FL has been sold. The property spans 2,992 square feet and was sold for a price of $2,750,000, resulting in a price per square foot of $919.
Summary of transaction details
- Property Type: Automotive
- Transaction Amount: $2,750,000
- Address: 2290 Coral Springs Dr, Coral Springs, FL
- Market: Coral Springs, FL
- Buyer: Iqbal G Panjwani
- Seller: Shoib Khan & Nafees Siddiqui
Iqbal G Panjwani acted as the buyer in this transaction, while Shoib Khan & Nafees Siddiqui represented the seller. The sale of this automotive property demonstrates the ongoing activity in the Coral Springs real estate market.
On the Map
$2,750,000
$919/SF
Other
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Coral Springs 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
5.77%
Cash-on-Cash
-1.65%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93