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400 SE 9th Ct, Hallandale B...

Arik Azulay, Lior Raviv & Nir Blives Acquire Multifamily In Hallandale
SOLDMultiFamily

Arik Azulay, Lior Raviv & Nir Blives Acquire Multifamily In Hallandale

400 SE 9th Ct, Hallandale Beach, FL, USA

$4,900,000

$570/SF

Building Size

8,584 SF

Asset Type

MultiFamily

Closing

Jun 27, 2021

AI

A multifamily property located at 400 SE 9th Ct in Hallandale has been sold for $4,900,000. The property spans 8,584 square feet, resulting in a price per square foot of $570.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $4,900,000
  • Square Footage: 8,584
  • Price per Square Foot: $570
  • Address: 400 SE 9th Ct, Hallandale

The buyers of the property are Arik Azulay, Lior Raviv, and Nir Blives, while Ernest Saladino is the seller.

Players

Lior Raviv

Buyer

$27.2M

vol

4 deals

Buyer

Hallandale 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

3.24%

Cash-on-Cash

-0.93%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93