SOLDRetail
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
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