Mendel Steiner Acquires Multifamily Property On 301 N 20th Ave In Hollywood, FL For $3.2M
301 North 20th Avenue, Hollywood, Florida 33020, United States
$3,200,000
$309/SF
Building Size
10,351 SF
Asset Type
MultiFamily
Closing
Mar 28, 2022
AI
The multifamily property located at 301 N 20th Ave in Hollywood, FL has been sold in a closed transaction. The property spans over 10,351 square feet and was sold for a total price of $3,200,000. The price per square foot for this transaction equates to $309.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $3,200,000
- Address: 301 N 20th Ave, Hollywood, FL
- Market: Hollywood, FL
- Buyer: Mendel Steiner
- Seller: Robert Fileni Sr & Christine Buteau
- Square Footage: 10,351
- Price per Square Foot: $309
Mendel Steiner was the buyer in this transaction, while Robert Fileni Sr and Christine Buteau acted as the sellers. The deal was successfully closed on March 29, 2022. The property is a valuable addition to the buyer's portfolio and signifies a significant transaction in the Hollywood, FL 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
4.96%
Cash-on-Cash
-1.42%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93