SOLDOther
Christopher J. Hauhuth & Mario R. Reyna Jr Acquire Bank/Credit Unions Property In Fort Lauderdale,FL For $7.26M
Northwest 62nd Street, Fort Lauderdale, Florida 33309, United States
$7,260,000
$1,805/SF
Building Size
4,022 SF
Asset Type
Other
Closing
Mar 15, 2022
AI
The bank/credit unions located at 665 NW 62nd St in Fort Lauderdale, FL has been sold. The transaction took place on March 16, 2022.
Summary of transaction details:
- Property Type: Bank/Credit Unions
- Transaction Amount: $7,260,000
- Square Footage: 4,022
- Price per Square Foot (PPSF): $1,805
- Address: 665 NW 62nd St, Fort Lauderdale, FL
- Market: Fort Lauderdale, FL
The buyer of the property is Christopher J. Hauhuth and Mario R. Reyna Jr, while the sellers are Ajay Agarwal and Anand Aggarwal.
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
2.18%
Cash-on-Cash
-0.62%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93