Benjamin Sardinas Acquires Hospitals/Health Care Building In Hollywood, FL For $5.4M
1200 Arthur Street, Hollywood, Florida 33019, United States
$5,412,000
$121/SF
Building Size
44,505 SF
Asset Type
—
Closing
Sep 14, 2022
About this deal
AI
The sale of a Hospitals/Health Care property in Hollywood, FL has been completed. The property is located at 1200 Arthur St and covers an area of 44,505 square feet. The transaction took place on 09/15/2022, with a sale price of $5,412,000, resulting in a price per square foot of $121.
Summary of transaction details:
- Property Type: Hospitals/Health Care
- Transaction Amount: $5,412,000
- Address: 1200 Arthur St
- Market: Hollywood, FL
- Buyer: Benjamin Sardinas
- Seller: Matan Ben-Aviv
- Square Footage: 44,505
- Price per Square Foot: $121
The buyer of the property was Benjamin Sardinas, while the seller was Matan Ben-Aviv. The transaction represented a significant deal in the Hollywood, FL market, demonstrating the demand for Hospitals/Health Care assets in the area.
Players
Hollywood CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.93%
Cash-on-Cash
-0.84%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93