facebook
Traded Co logo
Submit

Midtown Capital Partners Acquires Levy’s Auto Parts In Fort Lauderdale For $9.4 Million

Property Image
SOLD
$9,400,000

Florida

See Similar Deals
Other
Sold 10/12/2020
the dealplayerscompscontact
Property Image
SOLD

Midtown Capital Partners Acquires Levy’s Auto Parts In Fort Lauderdale For $9.4 Million

4 NW 7th St, Fort Lauderdale, FL, 33311

See Similar Deals
Other
Sold 10/12/2020
Contact now

Summary

FLORIDA
Asset Type:Other
Transaction Type:Sale

The asset involved in the transaction is located at 4 NW 7th St, Fort Lauderdale, FL, 33311. The property was sold for a price of $9,400,000.00. The property has a square footage of 0 in the Fort Lauderdale market.

Summary of transation details:

  • Property Type: Sale
  • Transaction Amount: $9,400,000.00
  • Address: 4 NW 7th St, Fort Lauderdale, FL, 33311
  • Market: Fort Lauderdale
  • Seller: Levy’s Auto Parts
  • Buyer: Midtown Capital Partners
  • Seller's Representative: Danny Ross

This transaction involved key parties including Midtown Capital Partners as the buyer and Levy’s Auto Parts as the seller. Danny Ross represented the seller in this closed deal.

Players

6 deals$35.8M volume
BROKER

BUYER

Details

SOLD
IMAGE: 4 NW 7th St, Fort Lauderdale, FL, 33311 MARKET: Fort Lauderdale SELLER'S REP: Danny Ross() BUYER: Midtown Capital Partners SELLER: Levy’s Auto Parts PRICE: $9,400,000.00 SF: 0

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)

$501,333.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$33,396.23
Cash-on-Cash Return-1.27%
Monthly Debt Service$44,560.80
Annual Debt Service$534,729.55