Rey/Chavez Distributor Corp Acquires Land In Hollywood For $3.6M
18900 Pines Blvd, Hollywood, FL, USA
$3,600,000
$20/SF
Building Size
178,945 SF
Asset Type
—
Closing
Jul 18, 2021
About this deal
AI
Rey/Chavez Distributor Corp has acquired a land asset located at 18900 Pines Blvd in Hollywood. The transaction took place on July 19, 2021, with Safstor Pines LLC acting as the seller. The sale price for the land was $3,600,000.
Summary of transaction details
- Property Type: Land
- Transaction Amount: $3,600,000
- Buyer: Rey/Chavez Distributor Corp
- Seller: Safstor Pines LLC
- Address: 18900 Pines Blvd, Hollywood
Andrew Young represented Rey/Chavez Distributor Corp in the transaction as their real estate agent.
The commercial sale at 18900 Pines Blvd, Hollywood, FL, USA in Hollywood, Florida sold for $3.6M in 2021. The building is 178,945 square feet, implying about 20 per square foot on the published price. This page is the Hollywood, Florida file for the 18900 Pines Blvd, Hollywood, FL, USA commercial sold: pricing, party profiles, and other closed commercial comps from the same Hollywood sit in the Market section below. Filter that Hollywood commercial set by closing date to see what else sold near 18900 Pines Blvd, Hollywood, FL, USA around 2021. Published consideration for 18900 Pines Blvd, Hollywood, FL, USA is $3.6M, dated 2021. Cite this Rey/Chavez Distributor Corp Acquires Land In Hollywood For $3.6M sale when underwriting similar commercial product around Hollywood, Florida.
Players
Hollywood CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
Loading comparables…
Deal FAQ
Browse Florida sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.41%
Cash-on-Cash
-1.26%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93