David P. Frank Acquires Hollywood, FL Warehouse For $12.8M
3400 Southwest 20th Street, Hollywood, Florida 33023, United States
$12,825,000
$235/SF
Building Size
54,382 SF
Asset Type
Industrial
Closing
Apr 27, 2022
AI
The sale of a warehouse in Hollywood, FL has been completed at a price of $12,825,000. The property, located at 3400 SW 20th St, spans a total area of 54,382 square feet. The price per square foot for this transaction is $428.
Summary of transaction details
- Property Type: Warehouse
- Transaction Amount: $12,825,000
- Address: 3400 SW 20th St
- Market: Hollywood, FL
- Buyer: David P. Frank
- Seller: Carlos Baratz & Evelyn Baratz
- Square Footage: 54,382
- Price Per Square Foot: $428
The buyer in this transaction was David P. Frank. On the other hand, Carlos Baratz and Evelyn Baratz acted as the sellers.
West Park 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
1.24%
Cash-on-Cash
-0.35%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93