Updated Dec 21, 2023
Lazaro E Rodriguez & Rodriguez Ernesto Acquire Warehouse In Hollywood,FL For $3.5M
2313 Southwest 59th Avenue, Miami, Florida 33155, United States
$3,500,000
$986/SF
Building Size
3,548 SF
Asset Type
Industrial
Closing
Oct 10, 2022
About this deal
AI
The warehouse located at 2313 SW 59th Ave in Hollywood, FL has been sold in a recent transaction. The property spans 3,548 square feet, with a price per square foot of $986. The sale took place on October 11, 2022, and the total sale price amounted to $3,500,000.
Summary of transaction details
- Property Type: Warehouse
- Transaction Amount: $3,500,000
- Address: 2313 SW 59th Ave, Hollywood, FL
- Market: Hollywood, FL
- Square footage: 3,548
- Price per square foot: $986
The buyers of the property are Lazaro E Rodriguez and Rodriguez Ernesto. On the other hand, Rodrigo Ospina and Melissa Sierra Posada represented the sellers in this transaction.
Players
Miami 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
4.53%
Cash-on-Cash
-1.30%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93