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400 Northwest 172nd Avenue,...

Elizabeth Raun Schlesinger Acquires Industrial Property In Hollywood, FL For $17.08M
SOLDIndustrial

Elizabeth Raun Schlesinger Acquires Industrial Property In Hollywood, FL For $17.08M

400 Northwest 172nd Avenue, Hollywood, Florida 33029, United States

$17,080,000

$289,491/SF

Building Size

59 SF

Asset Type

Industrial

Closing

Apr 17, 2023

AI

The industrial property located at 400 NW 172nd Ave in Hollywood, FL was sold in a closed transaction. The property spans an area of 59,975 square feet and was sold for a price of $17,080,000, resulting in a price per square foot of $284.

Summary of transaction details

  • Property Type: Industrial

The buyer of this industrial property was Elizabeth Raun Schlesinger, while the seller was Richard Collum.

Players

Elizabeth Schlesinger

Broker

$88.7M

vol

6 deals

Broker

Richard Collum

Seller

$34.1M

vol

2 deals

Seller

Pembroke Pines 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

0.93%

Cash-on-Cash

-0.27%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93