GMF Capital Acquires Hollywood Multifamily Property From Vivian Dimond For $102.5M
2165 Van Buren Street, Hollywood, Florida 33020, United States
$102,500,000
$341/SF
Building Size
299,835 SF
Asset Type
MultiFamily
Closing
Dec 23, 2021
AI
An multifamily property located at 2165 Van Buren Street in Hollywood has been sold for a total of $102,500,000. The property consists of 247 units, with a per unit price of approximately $414,980.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $102,500,000
- Address: 2165 Van Buren Street
- Market: Hollywood
The buyer in this transaction is GMF Capital, while the seller is Vivian Dimond. The deal was facilitated by Aaron Jungreis from Rosewood Realty Group acting as the broker representing Vivian Dimond.
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
0.15%
Cash-on-Cash
-0.04%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93