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1301 NW 6th Ct, Fort Lauder...

Unknown Buyer Acquires Property At 1301 NW 6th Ct Fort Lauderdale For $862500 With Seller's Rep Danny Ross Jaime Sturgis Native Realty
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Unknown Buyer Acquires Property At 1301 NW 6th Ct Fort Lauderdale For $862500 With Seller's Rep Danny Ross Jaime Sturgis Native Realty

1301 NW 6th Ct, Fort Lauderdale, FL...

$862,500

$193/SF

Building Size

4,448 SF

Asset Type

Retail

Closing

Nov 19, 2023

AI

A freestanding daycare building located at 1301 NW 6th Ct, Fort Lauderdale, FL, was sold as part of a closed transaction. The property encompasses a total area of 4,448 square feet and was sold for $862,500. This transaction took place in the Fort Lauderdale market.

Summary of transaction details:

  • Property Type: Daycare
  • Transaction Amount: $862,500.00
  • Address: 1301 NW 6th Ct, Fort Lauderdale, FL
  • Market: Fort Lauderdale
  • Seller's Representative: Danny Ross, Jaime Sturgis - Native Realty
  • Buyer: Unknown
  • Seller: Not specified
  • Square Footage: 4,448

Players

Jaime Sturgis

Native Realty

Broker

$243M

vol

48 deals

Broker

Fort Lauderdale Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

18.39%

Cash-on-Cash

-5.26%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93