Karen Johnson & Ada Man Acquire Education Property In Coral Springs, FL For $2.025M
4441 Coral Springs Drive, Coral Springs, Florida 33065, United States
$2,025,000
$211/SF
Building Size
9,567 SF
Asset Type
Other
Closing
Apr 4, 2022
About this deal
AI
The property asset involved in this closed transaction is an education facility located at 4441 Coral Springs Dr in Coral Springs, FL. The property spans 9,567 square feet, and was sold for a price of $2,025,000, resulting in a price per square foot of $211. The buyer of the property is Karen Johnson & Ada Man, while the seller is Klitsberg R Harold.
Summary of transation details:
- Property Type: Education
- Transaction Amount: $2,025,000
- Address: 4441 Coral Springs Dr
- Market: Coral Springs, FL
- Buyer: Karen Johnson & Ada Man
- Seller: Klitsberg R Harold
- Square Footage: 9,567
- Price per Square Foot: $211
This closed transaction involves the buyer representation of Karen Johnson & Ada Man by their broker. The deal highlights the successful negotiation and agreement reached between the buyer and the seller, enabling the transfer of ownership for the education facility on 4441 Coral Springs Dr. The broker representing Karen Johnson & Ada Man in this transaction is not mentioned in the provided CONTEXT.
Players
Coral Springs 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
7.83%
Cash-on-Cash
-2.24%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93