Updated Oct 25, 2024
Jonathan Slager & Adam O'Farrell Acquire Manufacturing/Processing Property In Hollywood, FL For $5.1M
2851 Evans Street, Hollywood, Florida 33020, United States
$5,100,000
$200/SF
Building Size
25,494 SF
Asset Type
Industrial
Closing
Apr 11, 2022
About this deal
AI
The manufacturing/processing property located at 2851 Evans St in Hollywood, FL has been sold in a transaction that took place on April 12, 2022. The property spans 25,494 square feet and was sold for a price of $5,100,000, resulting in a price per square foot of $200.
Summary of transaction details
- Property Type: Manufacturing/Processing
- Transaction Amount: $5,100,000
- Address: 2851 Evans St, Hollywood, FL
- Market: Hollywood, FL
- Buyer: Jonathan Slager & Adam O'Farrell
- Seller: Frank Malvasio
- Square Footage: 25,494
- Price per Square Foot: $200
The deal involved the buyer, Jonathan Slager, and Adam O'Farrell, as well as the seller, Frank Malvasio. The transaction showcases the active real estate market in Hollywood, FL, and highlights the demand for manufacturing/processing properties in the area.
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
3.11%
Cash-on-Cash
-0.89%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93