Updated Oct 29, 2024
GDF Properties Acquires Multifamily Property In Hollywood For $3.7M
2312 Madison St, Hollywood, FL 33020, USA
$3,700,000
$163/SF
Building Size
22,705 SF
Asset Type
MultiFamily
Closing
Jun 29, 2020
About this deal
AI
In a closed transaction on June 30, 2020, a multifamily property located at 2312 Madison St in Hollywood was sold. The property spans across 22,705 square feet with a price per square foot of $162.96. It consists of 38 units, resulting in a price per unit of $97,368. The transaction was completed for a total price of $3,700,000.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $3,700,000
- Address: 2312 Madison St
- Market: Hollywood
The buyer in this transaction was GDF Properties, while the seller was Doel Investments. The deal was facilitated by brokers Moshe Biton and Lena Zubkova.
On the Map
$3,700,000
$163/SF
MultiFamily
View full map
Players
Hollywood MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Visit Moshe Biton to view all their deals.
Browse Florida multifamily sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.29%
Cash-on-Cash
-1.23%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93