SOLDOther
Brian Tageson Acquires CAre Facility In Fort Lauderdale For $2.3M
408 W 7th Ave, Fort Lauderdale, USA
$2,300,000
$766,666/SF
Building Size
3 SF
Asset Type
Other
Closing
Jul 12, 2022
AI
A care facility located at 408 W 7th Ave in Fort Lauderdale has been sold for $2,300,000. The property spans 3,539 square feet, resulting in a price per square foot of $649.
Summary of transaction details
- Property Type: Care Facility
- Transaction Amount: $2,300,000
- Address: 408 W 7th Ave, Fort Lauderdale
- Price Per Square Foot: $649
The buyer of the care facility is Brian Tageson, while the seller is Daniel Cohen.
Players
Fort Lauderdale 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
6.90%
Cash-on-Cash
-1.97%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93