Updated Oct 25, 2024
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
About this deal
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.
The multifamily sale at 400 SE 9th Ct, Hallandale Beach, FL, USA in Hallandale, Florida sold for $4.9M in 2021. The building is 8,584 square feet, implying about 570 per square foot on the published price. Named participants on the 400 SE 9th Ct, Hallandale Beach, FL, USA sale are Lior Raviv, Arik Azulay. This page is the Hallandale, Florida file for the 400 SE 9th Ct, Hallandale Beach, FL, USA multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Hallandale sit in the Market section below. Filter that Hallandale multifamily set by closing date to see what else sold near 400 SE 9th Ct, Hallandale Beach, FL, USA around 2021. Published consideration for 400 SE 9th Ct, Hallandale Beach, FL, USA is $4.9M, dated 2021. Cite this Arik Azulay, Lior Raviv & Nir Blives Acquire Multifamily In Hallandale sale when underwriting similar multifamily product around Hallandale, Florida.
Players
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