Updated Dec 21, 2023
Ofer Sela & Ran Dolev Acquire Multifamily Property On Madison St For $2.75M
1639 Madison Street, Hollywood, Florida 33020, United States
$2,750,000
$405/SF
Building Size
6,776 SF
Asset Type
MultiFamily
Closing
Sep 15, 2022
About this deal
AI
A multifamily property located at 1639 Madison St in Hollywood, FL was recently sold for $2,750,000. This property spans 6,776 square feet, resulting in a price per square foot of $405.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $2,750,000
- Address: 1639 Madison St, Hollywood, FL
- Market: Hollywood, FL
The buyers of this property were Ofer Sela & Ran Dolev, while the seller was Maritza Madruga.
The multifamily sale at 1639 Madison Street, Hollywood, Florida 33020, United States in Hollywood, Florida sold for $2.8M in 2022. The building is 6,776 square feet, implying about 405 per square foot on the published price. Named participants on the 1639 Madison Street, Hollywood, Florida 33020, United States sale are Ofer Sela, Ran Dolev. This page is the Hollywood, Florida file for the 1639 Madison Street, Hollywood, Florida 33020, United States multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Hollywood sit in the Market section below. Filter that Hollywood multifamily set by closing date to see what else sold near 1639 Madison Street, Hollywood, Florida 33020, United States around 2022. Published consideration for 1639 Madison Street, Hollywood, Florida 33020, United States is $2.8M, dated 2022. Cite this Ofer Sela & Ran Dolev Acquire Multifamily Property On Madison St For $2.75M sale when underwriting similar multifamily product around Hollywood, Florida.
On the Map
$2,750,000
$405/SF
MultiFamily
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Players
Hollywood MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.77%
Cash-on-Cash
-1.65%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93