Marcus Anderson Acquires SFR In Lehigh Acres, Florida For $5.39M
$5,390,000
$193/SF
Building Size
27,874 SF
Asset Type
Single Family Residence
Closing
Sep 1, 2023
AI
A single-family residential property located at 22 Spec Homes in Lehigh Acres, Florida, has been sold. The property covers a total area of 27,874 square feet and was sold for a price of $5,390,000, resulting in a price per square foot of $193.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $5,390,000
- Address: 22 Spec Homes, Lehigh Acres, Florida
- Market: Lehigh Acres, Florida
The buyer in this transaction was Marcus Anderson and the seller was Mark Dhont. The sale was facilitated by the broker Brad Cozza and Tyler Kinney, from the Cozza Realty Group. Cozza Realty Group Inc has recently launched an affordable housing series in Southwest Florida and plans to expand to Alabama, Georgia, South Carolina, and Texas. The aim of this initiative is to build affordable single-family homes with prices under $350,000, addressing the affordable housing crisis and the limited construction inventory available. For more details on participating in this opportunity, interested parties can email [email protected].
Players
Market Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.94%
Cash-on-Cash
-0.84%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93