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
Hollywood 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
12.69%
Cash-on-Cash
-3.63%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93