Shmuel Aizenberg Acquires Multifamily Property On Johnson St In Hollywood, FL
SOLD
$2,400,000
Florida
See Similar DealsMultiFamily4,406 SF
Sold 06/02/2022
SOLD
Shmuel Aizenberg Acquires Multifamily Property On Johnson St In Hollywood, FL
2414 Johnson Street, Hollywood, Florida 33020, United States
See Similar DealsMultiFamily4,406 SF
Sold 06/02/2022
Summary
FLORIDA
Asset Type:MultiFamily
Price Per Square Foot:$544
Total Square Footage:4,406 SF
Transaction Type:Sale
The multifamily property located at 2414 Johnson St in Hollywood, FL was recently sold in a closed transaction. The property spans approximately 4,406 square feet and was sold for a total price of $2,400,000, resulting in a price per square foot of $544.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $2,400,000
- Address: 2414 Johnson St, Hollywood, FL
- Market: Hollywood, FL
The buyer of the property is Shmuel Aizenberg, while the seller is Alejandro Gershanik.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$127,999.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$8,526.70
Cash-on-Cash Return-1.27%
Monthly Debt Service$11,377.22
Annual Debt Service$136,526.69
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