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1730 Southwest 30th Avenue,...

Shlomo Melloul & Maimon Levi Acquire Industrial Property In Hallandale For $5.5M
SOLDIndustrial

Shlomo Melloul & Maimon Levi Acquire Industrial Property In Hallandale For $5.5M

1730 Southwest 30th Avenue, Hallandale Beach, FL, USA

$5,500,000

$146/SF

Building Size

37,485 SF

Asset Type

Industrial

Closing

Oct 20, 2021

AI

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.

Players

Shlomo Melloul

Buyer

$12.7M

vol

3 deals

Buyer

Hallandale 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

2.88%

Cash-on-Cash

-0.82%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93