Jerder Solutions Group Acquires Single Family Home From Lesa Milan & Richard Hall For $6.8M
2944 Lake Ridge Lane
$6,800,000
$785/SF
Building Size
8,654 SF
Asset Type
Single Family
Closing
Mar 26, 2025
AI
The property asset involved in this transaction is a single-family home located at 2944 Lake Ridge Lane in Weston. The transaction amount for this property is $6,800,000.00, and the total square footage is 8,654.0.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $6,800,000.00
- Address: 2944 Lake Ridge Lane
- Market: Weston
- Square Footage: 8,654.0
- Buyer: Jerder Solutions Group
- Seller: Lesa Milan & Richard Hall
- Broker: Irene Cadet - The Keyes Company
This transaction involves key parties including Jerder Solutions Group as the buyer and the sellers Lesa Milan and Richard Hall. The deal was represented by broker Irene Cadet from The Keyes Company, facilitating the transaction between the involved parties.
Players
Weston Single Family Market Snapshot
Boundary boundary · Single Family · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.33%
Cash-on-Cash
-0.67%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93