Updated Dec 21, 2023
Eliran Essulin Acquires Warehouse In Hollywood, FL For $4.7M
505 North 21st Avenue, Hollywood, Florida 33020, United States
$4,725,000
$595/SF
Building Size
7,930 SF
Asset Type
Industrial
Closing
Oct 2, 2022
About this deal
AI
The warehouse located at 505-515 N 21st Ave in Hollywood, FL was recently sold. The property spans a total of 7,930 square feet and was sold for a price of $4,725,000, resulting in a price per square foot of $595.
Summary of transaction details
- Property Type: Warehouse
- Transaction Amount: $4,725,000
- Address: 505-515 N 21st Ave, Hollywood, FL
- Market: Hollywood, FL
- Buyer: Eliran Essulin
- Seller: Liliem Levy & Norah Levy
- Square Footage: 7,930
- Price per Square Foot: $595
Eliran Essulin was the buyer in this transaction, while Liliem Levy and Norah Levy were the sellers.
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
3.36%
Cash-on-Cash
-0.96%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93