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2510 Pierce Street, Hollywo...

James H. Batmasian Acquires Hollywood, FL Apartment From Rajan Vohora For $2.2M
SOLDMultiFamily

James H. Batmasian Acquires Hollywood, FL Apartment From Rajan Vohora For $2.2M

2510 Pierce Street, Hollywood, Florida 33021, United States

$2,200,000

$273/SF

Building Size

8,049 SF

Asset Type

MultiFamily

Closing

May 22, 2022

AI

An apartment located at 2510 Pierce St in Hollywood, FL was recently sold in a closed transaction. The property, spanning 8,049 square feet, was purchased by James H. Batmasian for a price of $2,200,000. The price per square foot for the apartment equates to $273.

Summary of transaction details

  • Property Type: Apartment
  • Transaction Amount: $2,200,000
  • Address: 2510 Pierce St, Hollywood, FL
  • Market: Hollywood, FL
  • Buyer: James H. Batmasian
  • Seller: Rajan Vohora
  • Square Footage: 8,049
  • Price per Square Foot: $273

In this transaction, James H. Batmasian acted as the buyer of the property, while Rajan Vohora served as the seller. The deal represents a successful closed sale in the Hollywood, FL real estate market.

Players

James Batmasian

Investments Limited

Broker

$223.9M

vol

15 deals

Broker
James Batmasian

James Batmasian

Investments Limited

Buyer

$223.9M

vol

15 deals

Buyer

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

7.21%

Cash-on-Cash

-2.06%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93