1958 Liberty St., LLC Acquires Property In Hollywood From Lee Street Apartments, LLC For $1.3M
1958 Liberty St, Hollywood, FL, 33020
$1,300,000
Building Size
—
Asset Type
—
Closing
Nov 19, 2023
AI
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:
- Property Type: Sale
- Transaction Amount: $1,300,000.00
- Buyer: 1958 Liberty St., LLC
- Seller: Lee Street Apartments, LLC
- Buyer's Representative: Dan Dratch-Franklin Street
- Seller's Representative: Hernando Perez-Horvath & Tremblay
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
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
12.20%
Cash-on-Cash
-3.49%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93