Osbourne Mowatt Acquires Hollywood Multifamily For $2.5M From Seller Adam Snow - MSP Group
4800 Hollywood Boulevard, Hollywood, Florida 33021, United States
$2,500,000
$125/SF
Building Size
19,972 SF
Asset Type
MultiFamily
Closing
Dec 8, 2021
AI
A multifamily property located at 4800 Hollywood Blvd in Hollywood has been sold for a price of $2,500,000. The property consists of 22 units with an average price per unit of $113,636. The total square footage of the property is 19,972, resulting in a price per square foot of $125.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $2,500,000
- Address: 4800 Hollywood Blvd
- Market: Hollywood
The buyer of the property is Osbourne Mowatt, while the seller is Adam Snow. The transaction was facilitated by Deme Mekras from MSP Group, who represented both parties in the deal.
For more information about MSP Group and their inventory, you can visit their website at www.MSPGroup.com or email Deme Mekras at [email protected].
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
6.35%
Cash-on-Cash
-1.81%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93