Updated Dec 21, 2023
Irani Jayashrii Acquires Industrial Property In Hallandale For $3M
1035 Northwest 3rd Street, Hallandale Beach, FL, USA
$3,000,000
$131/SF
Building Size
22,890 SF
Asset Type
Industrial
Closing
Mar 15, 2021
About this deal
AI
The industrial property located at 1035-1039 NW 3rd St in Hallandale has been sold in a recent transaction. The property spans a total area of 22,890 square feet and was sold for a price of $3,000,000, resulting in a price per square foot of $131.
Summary of Transaction Details:
- Property Type: Industrial
- Transaction Amount: $3,000,000
- Address: 1035-1039 NW 3rd St, Hallandale
- Market: Hallandale
The buyer in this transaction is Irani Jayashrii, while the seller is Alma Socherman.
# Incorrect due to using format instead of the actual value in the sentence. #The buyer in this transaction is Irani Jayashrii, while the seller is Alma Socherman.
Players
Hallandale Beach Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.29%
Cash-on-Cash
-1.51%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93