Edilia Baez & Israel Baez Acquire Automotive Property On N University Dr In Fort Lauderdale, FL
4359 North University Drive, Fort Lauderdale, Florida 33322, United States
$2,233,557
$1,527/SF
Building Size
1,462 SF
Asset Type
Retail
Closing
Aug 21, 2022
About this deal
AI
The automotive property located at 4359 N University Dr in Fort Lauderdale, FL has been sold in a transaction that closed on August 22, 2022. The property spans a total of 1,462 square feet and was sold for a price of $2,233,557, resulting in a price per square foot of $1,527.
Summary of transaction details:
- Property Type: Automotive
- Transaction Amount: $2,233,557
- Address: 4359 N University Dr, Fort Lauderdale, FL
- Market: Fort Lauderdale, FL
- Buyer: Edilia Baez & Israel Baez
- Seller: Christopher Allen
- Square Footage: 1,462
- Price per Square Foot: $1,527
Edilia Baez and Israel Baez were the buyers in this transaction, while Christopher Allen acted as the seller. The deal was facilitated by their respective representatives in the transaction.
On the Map
$2,233,557
$1,527/SF
Retail
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Players
Lauderhill 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
7.10%
Cash-on-Cash
-2.03%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93