Alejandro Leiter & Robert Rodriguez Acquire Hallandale, FL Apartment For $2.57M
310 West Hallandale Beach Boulevard, Hallandale Beach, Florida 33023, United States
$2,575,000
$173/SF
Building Size
14,818 SF
Asset Type
MultiFamily
Closing
Feb 1, 2022
AI
The apartment property located at 300-310 W Hallandale Beach Blvd in Hallandale, FL has been sold in a transaction that took place on February 2, 2022. The property encompasses a total space of 14,818 square feet and was sold at a price of $2,575,000, resulting in a price per square foot of $174.
Summary of transaction details
- Property Type: Apartment
- Transaction Amount: $2,575,000
- Address: 300-310 W Hallandale Beach Blvd, Hallandale, FL
- Market: Hallandale, FL
- Buyer: Alejandro Leiter & Robert Rodriguez
- Seller: Michelle Milgram Robinson & Scott Milgram & Charlotte Milgram
- Total Square Footage: 14,818
- Price per Square Foot: $174
Alejandro Leiter and Robert Rodriguez were the buyers in this transaction, while Michelle Milgram Robinson, Scott Milgram, and Charlotte Milgram were the sellers. The deal represents a significant investment opportunity in the Hallandale, FL market.
Players
Hallandale Beach 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
6.16%
Cash-on-Cash
-1.76%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93