Arthur Bartholomew Acquires Private School In Fort Lauderdale For $3.03M
642 Northwest 3rd Avenue, Fort Lauderdale, Florida 33311, United States
$3,030,000
$2,370/SF
Building Size
1,278 SF
Asset Type
Other
Closing
Feb 16, 2022
AI
The private school located at 642 NW 3rd Ave in Fort Lauderdale, FL has been sold for $3,030,000. The property spans a total of 1,278 square feet, resulting in a price per square foot of $2,371.
Summary of transaction details
- Property Type: Private School
- Transaction Amount: $3,030,000
- Address: 642 NW 3rd Ave, Fort Lauderdale, FL
- Market: Fort Lauderdale, FL
- Square Footage: 1,278
- Price per Square Foot: $2,371
The buyer of the private school is Arthur Bartholomew, while the sellers are Richard A Barrett and Veronica B Tallent.
Players
Fort Lauderdale 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
5.24%
Cash-on-Cash
-1.50%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93