George Akirtava Acquires Cemeteries/Funeral Home In Pompano Beach, FL For $3.1M
200 North Federal Highway, Pompano Beach, Florida 33062, United States
$3,100,000
$330/SF
Building Size
9,377 SF
Asset Type
Retail
Closing
Sep 15, 2022
About this deal
AI
The sale of a cemeteries/funeral home property located at 200 N Federal Hwy in Pompano Beach, FL took place on September 16, 2022. The property spans 9,377 square feet, with a price per square foot of $330. The total transaction amount for the sale was $3,100,000.
Summary of transaction details
- Property Type: Cemeteries/Funeral Home
- Transaction Amount: $3,100,000
- Address: 200 N Federal Hwy, Pompano Beach, FL
- Market: Pompano Beach, FL
- Buyer: George Akirtava
- Seller: Noble L. Longino & Janet Key
- Square Footage: 9,377
- Price per Square Foot: $330
The buyer of the property is George Akirtava, while the sellers are Noble L. Longino and Janet Key.
Players
Pompano Beach Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Deal FAQ
About $330 per square foot on a published $3.1M for 9,377 square feet (2022).
Browse Florida retail sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.12%
Cash-on-Cash
-1.46%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93