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
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