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
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