Updated Dec 21, 2023
Kevin D. Plotkin, Esq. Represents Buyer In $9.9M Industrial Sale In Hollywood
2850 Greene Street, Hollywood, FL 33020
$9,900,000
$179/SF
Building Size
55,221 SF
Asset Type
Industrial
Closing
Jun 10, 2020
About this deal
AI
The industrial property located at 2850 Greene St., Hollywood, FL 33020 has been sold for a total price of $9,900,000. Spanning across 55,221 square feet, the property was sold in the Hollywood market. The purchase price per square foot (PPSF) was $179.
Summary of transation details
- Property Type: Industrial
- Transaction Amount: $9,900,000
- Address: 2850 Greene St., Hollywood, FL 33020
- Market: Hollywood
- Square Feet: 55,221
- PPSF: $179
The buyer's legal representative in this transaction was Kevin D. Plotkin, Esq. from Plotkin Law Firm, PA. Throughout the deal, Kevin D. Plotkin, Esq. engaged in extensive contract negotiations with both the seller and the buyer's lender, ensuring a favorable outcome for the client. Additionally, the transaction was closed by Express Title Services, LLC, which is also owned by Kevin D. Plotkin, Esq.
Players
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
1.60%
Cash-on-Cash
-0.46%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93