Paul J. Romanowski Acquires Residential Property In Hollywood For $20.3M
SOLD
$20,331,730
Florida
See Similar DealsCo-Op9,745 SF
Sold 10/14/2021
SOLD
Paul J. Romanowski Acquires Residential Property In Hollywood For $20.3M
201 Southwest 172nd Avenue, Pembroke Pines, FL, USA
See Similar DealsCo-Op9,745 SF
Sold 10/14/2021
Summary
FLORIDA
Asset Type:Co-Op
Price Per Square Foot:$2,086
Total Square Footage:9,745 SF
Transaction Type:Sale
The residential property located at 201 SW 172nd Ave in Hollywood has been sold. The transaction took place on October 14, 2021. The property was purchased by Paul J. Romanowski from the Broward County School Board.
Summary of transaction details
- Property Type: Residential
- Sale Price: $20,331,730
- Square Footage: 9,745
- Price per Square Foot: $2,086
- Address: 201 SW 172nd Ave, Hollywood
- Market: Hollywood
Paul J. Romanowski acted as the buyer in this transaction, while the seller was the Broward County School Board.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$1,084,358.93
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$72,234.35
Cash-on-Cash Return-1.27%
Monthly Debt Service$96,382.77
Annual Debt Service$1,156,593.28
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