SOLDMultiFamily
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
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.
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