Mark Cafua, Gregory Cafua & David Cafua Acquire Retail Property In Pompano Beach For $3.1M
W Atlantic Blvd, Pompano Beach, FL, USA
$3,100,000
$1,119/SF
Building Size
2,768 SF
Asset Type
Retail
Closing
Sep 13, 2021
About this deal
AI
A retail property located at 5000-5050 W Atlantic Blvd in Pompano Beach has been sold. The property spans 2,768 square feet and was sold for a price of $3,100,000, resulting in a price per square foot of $1,120. The transaction took place on September 14, 2021.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $3,100,000
- Address: 5000-5050 W Atlantic Blvd, Pompano Beach
- Market: Pompano Beach
- Buyer: Mark Cafua, Gregory Cafua & David Cafua
- Seller: David E. French
- Square Footage: 2,768
- Price per Square Foot: $1,120
The buyer of the property is represented by Mark Cafua, Gregory Cafua & David Cafua, while the seller is David E. French.
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
5.12%
Cash-on-Cash
-1.46%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93