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1958 Liberty St, Hollywood,...

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

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:

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

Franklin Street

Broker

$267.8M

vol

48 deals

Broker

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