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2206 Fillmore Street, Holly...

Updated Dec 20, 2023

Jacob Orian Acquires 10-Unit Multifamily In Hollywood For $1.9M
SOLDMultiFamily

Jacob Orian Acquires 10-Unit Multifamily In Hollywood For $1.9M

2206 Fillmore Street, Hollywood, Florida 33020, United States

$1,900,000

$252/SF

Building Size

7,528 SF

Asset Type

MultiFamily

Closing

Jun 29, 2022

About this deal

AI

The multifamily property located at 2206 Fillmore St in Hollywood has been sold for a price of $1,900,000. The sale took place on June 30, 2022. The property consists of 10 units with a price per unit of $190,000. The total square footage of the property is 7,528, with a price per square foot of $252. The transaction was facilitated by Lynne Tsurmagen from Compass, who represented the buyer Jaccob Orian. The seller in this deal was Joseph Shanny.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,900,000
  • Address: 2206 Fillmore St
  • Market: Hollywood

Lynne Tsurmagen, from Compass, acted as the buyer's representative in this transaction.

Players

Lynne Tsurmagen

Compass

Broker

$1.9M

vol

1 deal

Broker

Hollywood MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $252 per square foot on a published $1.9M for 7,528 square feet (2022).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

8.35%

Cash-on-Cash

-2.39%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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