Arik Azulay, Lior Raviv & Nir Blives Acquire Multifamily In Hallandale
SOLD
Florida
See Similar DealsMultiFamily8,584 SF
Sold 06/28/2021
SOLD
Arik Azulay, Lior Raviv & Nir Blives Acquire Multifamily In Hallandale
400 SE 9th Ct, Hallandale Beach, FL, USA
See Similar DealsMultiFamily8,584 SF
Sold 06/28/2021
Summary
FLORIDA
Asset Type:MultiFamily
Price Per Square Foot:$570
Total Square Footage:8,584 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$261,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$17,408.68
Cash-on-Cash Return-1.27%
Monthly Debt Service$23,228.50
Annual Debt Service$278,742.00
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