Jonathan Kirschner & Elliot Schwab Acquire Care Facility In Pompano Beach For $16.9M
SOLD
Florida
See Similar DealsOther41,653 SF
Sold 04/05/22
SOLD
Jonathan Kirschner & Elliot Schwab Acquire Care Facility In Pompano Beach For $16.9M
5951 Colonial Drive, Pompano Beach, Florida 33063, United States
See Similar DealsOther41,653 SF
Sold 04/05/22
Summary
FLORIDA
Asset Type:Other
Price Per Square Foot:$404
Total Square Footage:41,653 SF
Transaction Type:Sale
The care facility located at 5951 Colonial Dr in Pompano Beach, FL has been sold in a recent transaction. The property spans an area of 41,653 square feet and was sold for a total price of $16,862,886, resulting in a price per square foot of $405.
Summary of transaction details
- Property Type: Care Facilities
- Transaction Amount: $16,862,886
- Address: 5951 Colonial Dr, Pompano Beach, FL
- Market: Pompano Beach, FL
The buyers in this transaction were Jonathan Kirschner & Elliot Schwab, while the seller was Robert O. Stephenson.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$899,353.91
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$59,910.28
Cash-on-Cash Return-1.27%
Monthly Debt Service$79,938.68
Annual Debt Service$959,264.19
Is there something missing? Send suggestions