Justin Kirk, Douglas Brawn, Sean O'Malley, And Scott McCorvie Acquire Medical Facility In Pompano Beach For $11.4M
5600 Lakeside Dr, Pompano Beach, FL, USA
$11,375,000
$63/SF
Building Size
178,758 SF
Asset Type
Other
Closing
Jun 28, 2021
AI
The medical facility located at 5600 Lakeside Dr in Pompano Beach has been sold for a transaction amount of $11,375,000. This property spans across a total square footage of 178,758, resulting in a price per square foot of $64. The sale took place on June 29, 2021.
Summary of transaction details
- Property Type: Medical Facility
- Transaction Amount: $11,375,000
- Address: 5600 Lakeside Dr
- Market: Pompano Beach
- Square Footage: 178,758
- Price Per Square Foot: $64
The buyer of this medical facility is Justin Kirk, Douglas Brawn, Sean O'malley, and Scott Mccorvie. They acquired the property from the seller, Paul Fry.
Players
Parkland 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
1.39%
Cash-on-Cash
-0.40%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93