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5960 SW 106th Ave, Davie, F...

Chabad Lubavitch Acquires Health Care Property In Cooper City For $4M
SOLDOther

Chabad Lubavitch Acquires Health Care Property In Cooper City For $4M

5960 SW 106th Ave, Davie, FL 33328, USA

$4,000,000

$11/SF

Building Size

355,530 SF

Asset Type

Other

Closing

Jun 14, 2020

AI

The property at 5960 S.W. 106th Ave in Cooper City has been sold in a closed transaction for $4,000,000. This health care facility spans across 35,553 square feet, resulting in a price per square foot of $112.

Summary of transaction details

  • Property Type: Health care
  • Transaction Amount: $4,000,000
  • Address: 5960 S.W. 106th Ave
  • Market: Cooper City

The buyer in this transaction is Chabad Lubavitch, while the seller is Schick Shadel of Florida LLC, which is owned by Universal Health Services. The deal was facilitated by Daniel Silver, Michael Feuerman, and Steve Hyatt from Berger Commercial Realty.

Players

Daniel Silver

Berger Commercial Realty

Broker

$4M

vol

4 deals

Broker
FL
Florida LLCSeller

Davie Other Market Snapshot

Boundary boundary · Other · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

3.97%

Cash-on-Cash

-1.13%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93