Milexys & Ulises Fernandez Acquire Religious Institution In Fort Lauderdale For $4.6M
5879 Southwest 178th Avenue, Southwest Ranches, Florida 33331, United States
$4,600,000
$786/SF
Building Size
5,849 SF
Asset Type
Other
Closing
Mar 2, 2022
About this deal
AI
The religious institution located at 5879 SW 178th Ave in Fort Lauderdale, FL has been sold. The property spans 5,849 square feet and was sold for a price of $4,600,000, resulting in a price per square foot of $786.
Summary of transaction details
- Property Type: Religious Institutions
- Transaction Amount: $4,600,000
The buyers of the property are Milexys Fernandez & Ulises Fernandez, while the seller is Miguel Rivera.
The other sale at 5879 Southwest 178th Avenue, Southwest Ranches, Florida 33331, United States in Southwest Ranches, Florida sold for $4.6M in 2022. The building is 5,849 square feet, implying about 786 per square foot on the published price. This page is the Southwest Ranches, Florida file for the 5879 Southwest 178th Avenue, Southwest Ranches, Florida 33331, United States other sold: pricing, party profiles, and other closed other comps from the same Southwest Ranches sit in the Market section below. Filter that Southwest Ranches other set by closing date to see what else sold near 5879 Southwest 178th Avenue, Southwest Ranches, Florida 33331, United States around 2022. Published consideration for 5879 Southwest 178th Avenue, Southwest Ranches, Florida 33331, United States is $4.6M, dated 2022. Cite this Milexys & Ulises Fernandez Acquire Religious Institution In Fort Lauderdale For $4.6M sale when underwriting similar other product around Southwest Ranches, Florida.
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Southwest Ranches Other Market Snapshot
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.45%
Cash-on-Cash
-0.99%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93