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
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