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313 East 6th Street, Hialea...

Updated Dec 21, 2023

Richard Zahn Acquires Parking Asset On 6th St, Fort Lauderdale For $2.81M
SOLDOther

Richard Zahn Acquires Parking Asset On 6th St, Fort Lauderdale For $2.81M

313 East 6th Street, Hialeah, Florida 33010, United States

$2,810,232

Building Size

Asset Type

Other

Closing

Mar 31, 2022

About this deal

AI

The parking property located at 313 E 6th St in Fort Lauderdale, FL has been sold for a price of $2,810,232. The transaction took place on April 1, 2022.

Summary of transaction details

  • Property Type: Parking
  • Transaction Amount: $2,810,232
  • Address: 313 E 6th St, Fort Lauderdale, FL
  • Market: Fort Lauderdale, FL

The buyer of the parking property is Richard Zahn, while the sellers are Juan Manuel Pardo, Maria Victoria Pardo, and Manuel Pardo.

The other sale at 313 East 6th Street, Hialeah, Florida 33010, United States in Hialeah, Florida sold for $2.8M in 2022. 313 East 6th Street, Hialeah, Florida 33010, United States is classified as Other on Traded. This page is the Hialeah, Florida file for the 313 East 6th Street, Hialeah, Florida 33010, United States other sold: pricing, party profiles, and other closed other comps from the same Hialeah sit in the Market section below. Filter that Hialeah other set by closing date to see what else sold near 313 East 6th Street, Hialeah, Florida 33010, United States around 2022. Published consideration for 313 East 6th Street, Hialeah, Florida 33010, United States is $2.8M, dated 2022. Cite this Richard Zahn Acquires Parking Asset On 6th St, Fort Lauderdale For $2.81M sale when underwriting similar other product around Hialeah, Florida.

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Hialeah Other Market Snapshot

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.64%

Cash-on-Cash

-1.61%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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