facebook

traded

+ Submit
Home

/

Deals

/

Florida

/

Industrial

/

Sale

/

1113 South 30th Avenue, Hol...

Flying Point Acquires Industrial Property On S 30th Ave In Hollywood For $1.25M
SOLDIndustrial

Flying Point Acquires Industrial Property On S 30th Ave In Hollywood For $1.25M

1113 South 30th Avenue, Hollywood, Florida 33020, United States

$1,250,000

$306/SF

Building Size

4,078 SF

Asset Type

Industrial

Closing

Apr 4, 2022

AI

An industrial property located at 1113 S 30th Ave in the Hollywood market has been sold for a price of $1,250,000. The property spans 4,078 square feet, resulting in a price per square foot of $307. The transaction took place on 04/05/2022.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: $1,250,000
  • Address: 1113 S 30th Ave
  • Market: Hollywood

The buyer, Flying Point represented by Sam Genet and Zach Sohn, acquired the property from the seller, Richard Streeter. The sale was facilitated by Sebastian Misiewicz and Benjamin Silver from CBRE.

Players

Benjamin Silver

CBRE

Broker

$255.5M

vol

36 deals

Broker

Sam Genet

Flying Point

Buyer

$69.5M

vol

16 deals

Buyer

Hollywood Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

12.69%

Cash-on-Cash

-3.63%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93