Updated Nov 19, 2023
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
About this deal
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.
The industrial sale at 400 Northwest 172nd Avenue, Hollywood, Florida 33029, United States in Pembroke Pines, Florida sold for $17.1M in 2023. The building is 59 square feet, implying about 289.5K per square foot on the published price. Named participants on the 400 Northwest 172nd Avenue, Hollywood, Florida 33029, United States sale are Elizabeth Schlesinger, Richard Collum. This page is the Pembroke Pines, Florida file for the 400 Northwest 172nd Avenue, Hollywood, Florida 33029, United States industrial sold: pricing, party profiles, and other closed industrial comps from the same Pembroke Pines sit in the Market section below. Filter that Pembroke Pines industrial set by closing date to see what else sold near 400 Northwest 172nd Avenue, Hollywood, Florida 33029, United States around 2023. Published consideration for 400 Northwest 172nd Avenue, Hollywood, Florida 33029, United States is $17.1M, dated 2023. Cite this Elizabeth Raun Schlesinger Acquires Industrial Property In Hollywood, FL For $17.08M sale when underwriting similar industrial product around Pembroke Pines, Florida.
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