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
About this deal
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.
The other sale at 408 W 7th Ave, Fort Lauderdale, USA in Fort Lauderdale, Florida sold for $2.3M in 2022. The building is 3 square feet, implying about 766.7K per square foot on the published price. Named participants on the 408 W 7th Ave, Fort Lauderdale, USA sale are Daniel Cohen. This page is the Fort Lauderdale, Florida file for the 408 W 7th Ave, Fort Lauderdale, USA other sold: pricing, party profiles, and other closed other comps from the same Fort Lauderdale sit in the Market section below. Filter that Fort Lauderdale other set by closing date to see what else sold near 408 W 7th Ave, Fort Lauderdale, USA around 2022. Published consideration for 408 W 7th Ave, Fort Lauderdale, USA is $2.3M, dated 2022. Cite this Brian Tageson Acquires CAre Facility In Fort Lauderdale For $2.3M sale when underwriting similar other product around Fort Lauderdale, Florida.
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Fort Lauderdale Other Market Snapshot
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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