Tom Glover Acquires Multifamily Property In Hollywood, FL For $4.8M
2025 Washington Street, Hollywood, Florida 33020, United States
$4,800,000
$673/SF
Building Size
7,125 SF
Asset Type
MultiFamily
Closing
May 1, 2022
AI
Located at 2025 Washington St in Hollywood, FL, this multifamily property was sold in a transaction that closed on 05/02/2022. The property comprises a total square footage of 7,125 and was sold for a price of $4,800,000, resulting in a price per square foot of $673.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $4,800,000
- Address: 2025 Washington St, Hollywood, FL
- Market: Hollywood, FL
The buyer in this transaction was Tom Glover, while the seller was Boris Ovrutsky.
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
3.30%
Cash-on-Cash
-0.94%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93