Hari-Mara Martin Acquires Hollywood,FL Hotel For $2.3M
333 Walnut Street, Hollywood, Florida 33019, United States
$2,300,000
$698/SF
Building Size
3,291 SF
Asset Type
Hotel
Closing
Jul 25, 2022
About this deal
AI
Hari-Mara Martin has purchased a Hotel/Motel/Hostel/B&B located at 333 Walnut St in Hollywood, FL. The property spans 3,291 square feet and was sold for $2,300,000, resulting in a price per square foot of $698.
Summary of Transaction Details
- Property Type: Hotel/Motel/Hostel/B&B
- Transaction Amount: $2,300,000
The seller of the property was Hector F. Diaz and Liliana Mendoza.
The hotel sale at 333 Walnut Street, Hollywood, Florida 33019, United States in Hollywood, Florida sold for $2.3M in 2022. The building is 3,291 square feet, implying about 698 per square foot on the published price. Named participants on the 333 Walnut Street, Hollywood, Florida 33019, United States sale are Hector F. Diaz, Liliana Mendoza. This page is the Hollywood, Florida file for the 333 Walnut Street, Hollywood, Florida 33019, United States hotel sold: pricing, party profiles, and other closed hotel comps from the same Hollywood sit in the Market section below. Filter that Hollywood hotel set by closing date to see what else sold near 333 Walnut Street, Hollywood, Florida 33019, United States around 2022. Published consideration for 333 Walnut Street, Hollywood, Florida 33019, United States is $2.3M, dated 2022. Cite this Hari-Mara Martin Acquires Hollywood,FL Hotel For $2.3M sale when underwriting similar hotel product around Hollywood, Florida.
Players
Hollywood Hotel Market Snapshot
Boundary boundary · Hotel · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
6.90%
Cash-on-Cash
-1.97%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93