facebook
Traded Co logo
Submit

Tonco Partners Sells Package Deal In Lauderhill For $2.2M

Property Image
SOLD
$2,212,000
Alfredo Riascos

Florida

See Similar Deals
Other22,000 SF
Sold 08/27/2021
the dealplayerscompscontact
Property Image
SOLD

Tonco Partners Sells Package Deal In Lauderhill For $2.2M

2800 NW 56th Ave, Lauderhill, FL, USA

See Similar Deals
Other22,000 SF
Sold 08/27/2021
Alfredo Riascos
Contact now

Summary

FLORIDA
Asset Type:Other
Price Per Square Foot:$100
Total Square Footage:22,000 SF
Transaction Type:Sale

A package deal transaction was recently closed in Lauderhill, involving an asset located at 2800 NW 56 Ave. The property spans approximately 22,000 square feet and was sold for a total of $2,212,000, resulting in a price per square foot of $101. The sale took place on 08/27/2021.

Summary of transaction details

  • Property Type: Package Deal
  • Transaction Amount: $2,212,000
  • Address: 2800 NW 56 Ave, Lauderhill
  • Square Footage: 22,000
  • Seller: Tonco Partners - Max Tonconogy
  • Seller's Representative: Mateo Romero & Alfredo Riascos - Gridline Properties

Mateo Romero and Alfredo Riascos, representing Gridline Properties, assisted Max Tonconogy of Tonco Partners in the sale of the property. They played a crucial role in facilitating the transaction, ensuring a smooth process for both the buyer and the seller.

Players

Alfredo Riascos
48 deals$299.2M volume(305) 507-7098
BROKER

Mateo Romero
Gridline Properties
17 deals$58.7M volume(305) 507-7098
BROKER

Details

SOLD
IMAGE: Mateo Romero & Alfredo Riascos DATE: 08/27/2021 ADDRESS: 2800 NW 56 Ave MARKET: Lauderhill ASSET TYPE: Package Deal SELLER: Tonco Partners - Max Tonconogy SELLER'S REP: Mateo Romero (@m.a.t.t.t.t.e.o) & Alfredo Riascos - Gridline Properties (@GridlineProperties) SALE PRICE: $2,212,000 SF: + 22,000 ~ PPSF: $101

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$117,973.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$7,858.78
Cash-on-Cash Return-1.27%
Monthly Debt Service$10,486.01
Annual Debt Service$125,832.10