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Chad Johnson's Lady Jane’s Haircuts For Men Acquires Fort Lauderdale SFR For $7.3M

Property Image
SOLD
$7,339,050
Julie Jones Bernard
Chad Carroll
CJ

Florida

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Single Family Residence8,488 SF
Sold 02/16/2021
the dealplayerscompscontact
Property Image
SOLD

Chad Johnson's Lady Jane’s Haircuts For Men Acquires Fort Lauderdale SFR For $7.3M

1300 Brickell Drive, Fort Lauderdale, FL, USA

See Similar Deals
Single Family Residence8,488 SF
Sold 02/16/2021
Julie Jones Bernard
Chad Carroll
CJ
the dealplayerscompscontact
Contact now

Summary

FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$864
Total Square Footage:8,488 SF
Transaction Type:Sale

An SFR property in Fort Lauderdale was sold on 02/16/2021 for a total price of $7,339,050. The property spans 8,488 square feet with a price per square foot of $865. It is situated on a spacious 0.8-acre lot.

Summary of transaction details:

  • Property Type: SFR
  • Transaction Amount: $7,339,050
  • Market: Fort Lauderdale

The buyer of the property is Chad Johnson, representing Lady Jane’s Haircuts for Men. The seller, Cindy Herd and Crockett Herd, were represented by Julie Jones-Bernard from Florida Luxurious Properties. Chad Carroll from The Carroll Group - Compass served as the buyer's representative in this deal.

Players

Chad Carroll
Compass
Chad Carroll
84 deals$1.7B volume(305) 400-9507
BROKER
Julie Jones Bernard
Florida Luxurious Properties
Julie Jones Bernard
5 deals$63.9M volume
BROKER
CJ
Chad Johnson
2 deals$16.1M volume
BUYER

Details

SOLD
IMAGE: Julie Jones-Bernard, Chad Johnson & Chad Carroll DATE: 02/16/2021 MARKET: Fort Lauderdale ASSET TYPE: SFR BUYER: Chad Johnson - Lady Jane’s Haircuts for Men SELLER: Cindy Herd, Crockett Herd - Broward Factory Service BUYER'S REP: Chad Carroll - The Carroll Group - Compass SELLER'S REP: Julie Jones-Bernard - Florida Luxurious Properties PRICE: $7,339,050 SF: 8,488 ~ PPSF: $865 ACRES: 0.8

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$391,416.00

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$26,074.09
Cash-on-Cash Return-1.27%
Monthly Debt Service$34,790.84
Annual Debt Service$417,490.09