2715 East Atlantic LLC Acquires Pompano Beach Property For $1.95M With Seller's Reps Danny Ross And Jaime Sturgis
SOLD
$1,950,000
Florida
See Similar DealsRetail9,422 SF
SOLD
2715 East Atlantic LLC Acquires Pompano Beach Property For $1.95M With Seller's Reps Danny Ross And Jaime Sturgis
2715 E Atlantic BLVD, Pompano Beach...
See Similar DealsRetail9,422 SF
Summary
FLORIDA
Asset Type:Retail
Price Per Square Foot:$207
Total Square Footage:9,422 SF
Transaction Type:Sale
The property asset involved in the transaction is located at 2715 E Atlantic Blvd, Pompano Beach. It was sold for a price of $1,950,000.00 and encompasses a total area of 9422 square feet within the Pompano Beach market.
Summary of transaction details:
- Property Type: Sale
- Transaction Amount: $1,950,000.00
- Address: 2715 E Atlantic Blvd, Pompano Beach
- Square Footage: 9422
- Market: Pompano Beach
- Seller's Representatives: Danny Ross, Jaime Sturgis (Native Realty)
- Buyer: 2715 East Atlantic LLC
The transaction includes key individuals such as the buyers represented by 2715 East Atlantic LLC, and the seller's representatives Danny Ross and Jaime Sturgis from Native Realty, who facilitated the sale in this market.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$103,999.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$6,927.94
Cash-on-Cash Return-1.27%
Monthly Debt Service$9,243.99
Annual Debt Service$110,927.94
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