Irving Osher & Brandon Osher Acquire Manufacturing/Processing Property In Hollywood, FL For $5M
SOLD
$5,000,000
Florida
See Similar DealsIndustrial6,914 SF
Sold 10/04/2022
SOLD
Irving Osher & Brandon Osher Acquire Manufacturing/Processing Property In Hollywood, FL For $5M
2800 North 30th Avenue, Hollywood, Florida 33020, United States
See Similar DealsIndustrial6,914 SF
Sold 10/04/2022
Summary
FLORIDA
Asset Type:Industrial
Price Per Square Foot:$723
Total Square Footage:6,914 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$266,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$17,763.94
Cash-on-Cash Return-1.27%
Monthly Debt Service$23,702.55
Annual Debt Service$284,430.61
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