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Southwest Ranches

Prasad Hedge Of 777 Partners Acquires Southwest Ranches Single-Family Property For $8M
SOLDSingle Family Residence

Prasad Hedge Of 777 Partners Acquires Southwest Ranches Single-Family Property For $8M

$8,000,000

$899/SF

Building Size

8,890 SF

Asset Type

Single Family Residence

Closing

Apr 5, 2022

AI

A single-family property located in Southwest Ranches has been sold for a price of $8,000,000. The property spans across 8,890 square feet, resulting in a price per square foot of $900.

Summary of transaction details

  • Property Type: Single-Family
  • Transaction Amount: $8,000,000

The buyer of the property is Prasad Hedge, representing 777 Partners. The transaction was facilitated by Bento Queiroz from Compass Florida.

Players

Bento Queiroz

Compass

Broker

$75.9M

vol

8 deals

Broker
Morgan Whitney Realty
Morgan Whitney RealtyBrokerage

Southwest Ranches Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.98%

Cash-on-Cash

-0.57%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93