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2800 North 30th Avenue, Hol...

Irving Osher & Brandon Osher Acquire Manufacturing/Processing Property In Hollywood, FL For $5M
SOLDIndustrial

Irving Osher & Brandon Osher Acquire Manufacturing/Processing Property In Hollywood, FL For $5M

2800 North 30th Avenue, Hollywood, Florida 33020, United States

$5,000,000

$723/SF

Building Size

6,914 SF

Asset Type

Industrial

Closing

Oct 3, 2022

AI

The manufacturing/processing property located at 2800 N 30th Ave in Hollywood, FL was recently sold. The transaction took place on October 4, 2022. The property spans 6,914 square feet and was sold at a price of $5,000,000, resulting in a price per square foot of $723.

Summary of transaction details

  • Property Type: Manufacturing/Processing
  • Transaction Amount: $5,000,000
  • Square Footage: 6,914
  • Price per Square Foot: $723

The buyers of the property were Irving Osher and Brandon Osher, while the sellers were Bennett David and Elyse Miller.

Though no additional information is available, this transaction showcases the successful sale of a manufacturing/processing property in Hollywood, FL.

Players

Irving Osher

Buyer

$41M

vol

2 deals

Buyer

Hollywood 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

3.17%

Cash-on-Cash

-0.91%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93