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...
$1,950,000
$207/SF
Building Size
9,422 SF
Asset Type
Retail
Closing
Nov 19, 2023
AI
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.
Players
Pompano Beach 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
8.13%
Cash-on-Cash
-2.32%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93