Updated Oct 28, 2024
Plain View Investments LLC Acquires Hollywood Multifamily For $6.5M
2800 N Surf Rd, Hollywood, FL, USA
$6,500,000
$456/SF
Building Size
14,238 SF
Asset Type
MultiFamily
Closing
Apr 5, 2021
About this deal
AI
The multifamily property located at 2800 N Surf Rd in Hollywood has been sold in a recent transaction. The property spans over 14,238 square feet and has been sold for a total price of $6,500,000, resulting in a price per square foot of $457.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $6,500,000
- Square Footage: 14,238
- Address: 2800 N Surf Rd
- Market: Hollywood
The buyer of the property is Plain View Investments LLC, while the seller is Kathleen Stuebner.
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
2.44%
Cash-on-Cash
-0.70%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93