Shlomo Melloul & Maimon Levi Acquire Industrial Property In Hallandale For $5.5M
SOLD
$5,500,000
Florida
See Similar DealsIndustrial37,485 SF
Sold 10/21/2021
SOLD
Shlomo Melloul & Maimon Levi Acquire Industrial Property In Hallandale For $5.5M
1730 Southwest 30th Avenue, Hallandale Beach, FL, USA
See Similar DealsIndustrial37,485 SF
Sold 10/21/2021
Summary
FLORIDA
Asset Type:Industrial
Price Per Square Foot:$146
Total Square Footage:37,485 SF
Transaction Type:Sale
A industrial property located at 1730 SW 30th Ave in Hallandale has been sold for a price of $5,500,000. The property spans approximately 37,485 square feet, resulting in a price per square foot of $147.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $5,500,000
- Address: 1730 SW 30th Ave
- Market: Hallandale
The buyer of the property is Shlomo Melloul & Maimon Levi, while the seller is Herzel Meair & Judy Meair.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$293,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$19,540.35
Cash-on-Cash Return-1.27%
Monthly Debt Service$26,072.81
Annual Debt Service$312,873.67
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