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
About this deal
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.
The other sale at Northwest 62nd Street, Fort Lauderdale, Florida 33309, United States in Fort Lauderdale, Florida sold for $7.3M in 2022. The building is 4,022 square feet, implying about 1.8K per square foot on the published price. Named participants on the Northwest 62nd Street, Fort Lauderdale, Florida 33309, United States sale are Anand Aggarwal. This page is the Fort Lauderdale, Florida file for the Northwest 62nd Street, Fort Lauderdale, Florida 33309, United States other sold: pricing, party profiles, and other closed other comps from the same Fort Lauderdale sit in the Market section below. Filter that Fort Lauderdale other set by closing date to see what else sold near Northwest 62nd Street, Fort Lauderdale, Florida 33309, United States around 2022. Published consideration for Northwest 62nd Street, Fort Lauderdale, Florida 33309, United States is $7.3M, dated 2022. Cite this Christopher J. Hauhuth & Mario R. Reyna Jr Acquire Bank/Credit Unions Property In Fort Lauderdale,FL For $7.26M sale when underwriting similar other product around Fort Lauderdale, Florida.
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Fort Lauderdale Other Market Snapshot
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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