Updated Oct 28, 2024
Touraine Associates Acquires Vacant Commercial Property On Hollywood Blvd For $6.1M
6460 Hollywood Boulevard, Hollywood, Florida 33024, United States
$6,085,000
Building Size
—
Asset Type
Commercial
Closing
Oct 4, 2022
About this deal
AI
A vacant commercial property located at 6460 Hollywood Blvd in Hollywood, FL has been sold for a price of $6,085,000. The transaction took place on 10/05/2022.
Summary of transation details
- Property Type: Vacant Commercial
- Transaction Amount: $6,085,000
- Address: 6460 Hollywood Blvd
- Market: Hollywood, FL
Touraine Associates acquired the property from Francisco Escalante.
The commercial sale at 6460 Hollywood Boulevard, Hollywood, Florida 33024, United States in Hollywood, Florida sold for $6.1M in 2022. 6460 Hollywood Boulevard, Hollywood, Florida 33024, United States is classified as Commercial on Traded. This page is the Hollywood, Florida file for the 6460 Hollywood Boulevard, Hollywood, Florida 33024, United States commercial sold: pricing, party profiles, and other closed commercial comps from the same Hollywood sit in the Market section below. Filter that Hollywood commercial set by closing date to see what else sold near 6460 Hollywood Boulevard, Hollywood, Florida 33024, United States around 2022. Published consideration for 6460 Hollywood Boulevard, Hollywood, Florida 33024, United States is $6.1M, dated 2022. Cite this Touraine Associates Acquires Vacant Commercial Property On Hollywood Blvd For $6.1M sale when underwriting similar commercial product around Hollywood, Florida.
Players
Hollywood Commercial Market Snapshot
Boundary boundary · Commercial · Sale transactions
Loading comparables…
Deal FAQ
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.61%
Cash-on-Cash
-0.75%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93