Alberto Kamhazi & Shlomo Kamhazi Acquire Fort Lauderdale Retail Property For $10.65M
SOLD
Florida
See Similar DealsRetail3,497 SF
Sold 01/19/2022
SOLD
Alberto Kamhazi & Shlomo Kamhazi Acquire Fort Lauderdale Retail Property For $10.65M
8800 Springtree Lake Drive, Sunrise, Florida 33351, United States
See Similar DealsRetail3,497 SF
Sold 01/19/2022
Summary
FLORIDA
Asset Type:Retail
Price Per Square Foot:$3,045
Total Square Footage:3,497 SF
Transaction Type:Sale
The retail property located at 8800 Springtree Lakes Dr in Fort Lauderdale, FL has been sold. The transaction took place on January 19, 2022. The property spans approximately 3,497 square feet and was sold at a price of $10,650,000, resulting in a price per square foot of $3,045. The buyer of the property is Alberto Kamhazi & Shlomo Kamhazi, while the seller is Angela Dabakaroff.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $10,650,000
- Address: 8800 Springtree Lakes Dr, Fort Lauderdale, FL
Alberto Kamhazi & Shlomo Kamhazi served as the buyers in this transaction, while Angela Dabakaroff was the seller. The deal was concluded successfully, marking another significant transaction in the competitive Fort Lauderdale market.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$568,000.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$37,837.19
Cash-on-Cash Return-1.27%
Monthly Debt Service$50,486.43
Annual Debt Service$605,837.20
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