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4441 Coral Springs Drive, C...

Updated Dec 21, 2023

Karen Johnson & Ada Man Acquire Education Property In Coral Springs, FL For $2.025M
SOLDOther

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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Deal FAQ

About $211 per square foot on a published $2M for 9,567 square feet (2022).

Browse Florida other sales on Traded.

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

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