Gilad And Avraham Ovaknin Acquire Commercial Property In Hollywood For $6.6M
SOLD
Florida
See Similar DealsCommercial32,728 SF
Sold 07/02/2021
SOLD
Gilad And Avraham Ovaknin Acquire Commercial Property In Hollywood For $6.6M
4150 North 28th Terrace, Hollywood, FL, USA
See Similar DealsCommercial32,728 SF
Sold 07/02/2021
Summary
FLORIDA
Asset Type:Commercial
Price Per Square Foot:$200
Total Square Footage:32,728 SF
Transaction Type:Sale
The commercial property located at 4150 N 28th Ter in Hollywood was recently sold for a total price of $6,575,000. The property spans 32,728 square feet, resulting in a price per square foot of $201. The transaction took place on 07/02/2021.
Summary of transaction details
- Property Type: Commercial
- Transaction Amount: $6,575,000
- Square Footage: 32,728
- Price per Square Foot: $201
- Address: 4150 N 28th Ter, Hollywood
- Buyer: Gilad Ovaknin & Avraham Ovaknin
- Seller: Robert E. Berkson
The buyer of the property is represented by Gilad Ovaknin & Avraham Ovaknin, while the seller is Robert E. Berkson.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$350,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$23,359.58
Cash-on-Cash Return-1.27%
Monthly Debt Service$31,168.85
Annual Debt Service$374,026.25
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