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1958 Liberty St., LLC Acquires Property In Hollywood From Lee Street Apartments, LLC For $1.3M

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SOLD
$1,300,000

Florida

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Property Image
SOLD

1958 Liberty St., LLC Acquires Property In Hollywood From Lee Street Apartments, LLC For $1.3M

1958 Liberty St, Hollywood, FL, 33020

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Summary

FLORIDA
Transaction Type:Sale

The property located at 1958 Liberty St, Hollywood, FL, 33020, recently changed ownership for a price of $1,300,000.00. The transaction involves a market in Hollywood and has a square footage classified under 0. The selling entity was Lee Street Apartments, LLC.

Summary of transaction details:

This transaction featured key individuals and companies, including the representatives guiding the buyer and seller throughout the process. Dan Dratch from Franklin Street represented the buyer, while Hernando Perez from Horvath & Tremblay acted on behalf of the seller.

Players

Dan Dratch
48 deals$267.8M volume
BROKER

Hernando Perez
Horvath & Tremblay
9 deals$31.5M volume
BROKER

Details

SOLD
IMAGE: 1958 Liberty St, Hollywood, FL, 33020 MARKET: Hollywood BUYER'S REP: Dan Dratch-Franklin Street SELLER'S REP: Hernando Perez-Horvath & Tremblay BUYER: 1958 Liberty St., LLC SELLER: Lee Street Apartments, LLC PRICE: $1,300,000.00 SF: 0

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$69,333.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$4,618.64
Cash-on-Cash Return-1.27%
Monthly Debt Service$6,162.66
Annual Debt Service$73,951.96