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Moshiach International Acquires Industrial Asset In Hollywood For $1.65M

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SOLD
$1,650,000

Florida

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Industrial5,157 SF
Sold 04/25/2023
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Property Image
SOLD

Moshiach International Acquires Industrial Asset In Hollywood For $1.65M

2133 Pembroke Road

See Similar Deals
Industrial5,157 SF
Sold 04/25/2023
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Summary

FLORIDA
Asset Type:Industrial
Price Per Square Foot:$320
Total Square Footage:5,157 SF
Transaction Type:Sale

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

Orly Ahula
2 deals$3.7M volume
BROKER

Details

SOLD
IMAGE: Motty Druin & Orly Ahula DATE: 04/25/2023 ADDRESS: 2133 Pembroke Road MARKET: Hollywood ASSET TYPE: Industrial BUYER: Moshiach International - Motty Druin (@Mottydruin) SELLER: Anibal Leon BUYER'S REP: Orly Ahula (@OrlyAhulaaa) - London Foster Realty (@London.Foster.Realty) SALE PRICE: $1,650,000 SF: 5,157 ~ PPSF: $320 NOTE FROM BUYER: 20,000 sqft lot with development rights of up to 14 stories.

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$88,000.01

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$5,862.09
Cash-on-Cash Return-1.27%
Monthly Debt Service$7,821.84
Annual Debt Service$93,862.10