Cyril Heffesse & Marshall Sklar Acquire Airports Property In Deerfield Beach For $5.95M
790 Northwest 1st Avenue, Deerfield Beach, Florida 33441, United States
$5,950,000
$2,331/SF
Building Size
2,552 SF
Asset Type
Other
Closing
Apr 17, 2022
About this deal
AI
The property involved in this transaction is an airports asset located at 790 NW 1st Ave, Deerfield Beach, FL. The property spans a total of 2,552 square feet and was sold for a price of $5,950,000, resulting in a price per square foot of $2,331.
Summary of transaction details
- Property Type: Airports
- Transaction Amount: $5,950,000
- Address: 790 NW 1st Ave, Deerfield Beach, FL
- Market: Deerfield Beach, FL
- Buyer: Cyril Heffesse & Marshall Sklar
- Seller: Christopher Partridge Jr
- SF: 2,552
- PPSF: $2,331
Cyril Heffesse and Marshall Sklar purchased the property from the seller, Christopher Partridge Jr. They represent the buyer's side in this transaction.
Players
Deerfield Beach Other Market Snapshot
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.67%
Cash-on-Cash
-0.76%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93