Updated Dec 4, 2024
Moshiach International Acquires Industrial Asset In Hollywood For $1.65M
2133 Pembroke Road
$1,650,000
$320/SF
Building Size
5,157 SF
Asset Type
Industrial
Closing
Apr 25, 2023
About this deal
AI
An industrial property located at 2133 Pembroke Road in Hollywood was recently sold in a closed transaction. The property spans 5,157 square feet and was sold for a price of $1,650,000, resulting in a price per square foot of $320.
Summary of Transaction Details
- Property Type: Industrial
- Transaction Amount: $1,650,000
- Address: 2133 Pembroke Road
- Market: Hollywood
The buyer of the property is Moshiach International, represented by Motty Druin. The seller is Anibal Leon. In the transaction, the buyer was represented by Orly Ahula from London Foster Realty.
It's worth noting that the property comes with a 20,000 square foot lot and has development rights of up to 14 stories.
Players
Market 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
9.61%
Cash-on-Cash
-2.75%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93