Nathan Shore's Chestler Jacobs Team Acquires Surfside Condo For $1.65M
8925 Collins Ave Apt 9B
Building Size
—
Asset Type
—
Closing
Aug 4, 2022
About this deal
AI
Apt 9B at 8925 Collins Ave in Surfside has been sold for $1,650,000. This Condo property spans over 1,690 square feet, equating to a price per square foot of $976.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $1,650,000
- Address: 8925 Collins Ave Apt 9B
- Market: Surfside
The sale was facilitated by Nathan Shore from the Chestler Jacobs Team at Douglas Elliman.
Traded’s record for 8925 Collins Ave Apt 9B covers a commercial sale from 2022. This page is the market file for the 8925 Collins Ave Apt 9B commercial sold: pricing, party profiles, and other closed commercial comps from the same area sit in the Market section below. Filter that local commercial set by closing date to see what else sold near 8925 Collins Ave Apt 9B around 2022. Cite this Nathan Shore's Chestler Jacobs Team Acquires Surfside Condo For $1.65M sale when underwriting similar commercial product.
Players
Market CRE Market Snapshot
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93