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5934 Buchanan Street

Updated Sep 9, 2024

Mitchell Cole Sells Multifamily Property In Hollywood For $1.54M With Buyer's Rep Jose Sasson Lerner & Roberto Susi
SOLDMultiFamily

Mitchell Cole Sells Multifamily Property In Hollywood For $1.54M With Buyer's Rep Jose Sasson Lerner & Roberto Susi

5934 Buchanan Street

$1,537,500

$30/SF

Building Size

50,720 SF

Asset Type

MultiFamily

Closing

Mar 31, 2023

About this deal

AI

The multifamily property located at 5934 Buchanan Street, 5930 Buchanan Street, and 5936 Buchanan Street in Hollywood has been sold. The property spans a total of 50,720 square feet and was sold for a total price of $1,537,500, resulting in a price per square foot of $30.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,537,500
  • Square Footage: 50,720
  • Address: 5934 Buchanan Street, 5930 Buchanan Street & 5936 Buchanan Street
  • Market: Hollywood

The seller of the property was Mitchell Cole. The deal was facilitated by Jose Sasson Lerner and Roberto Susi from Axiom Capital Advisors.

For any future opportunities or inquiries, you can reach out to Jose Sasson at 786-393-8089 or [email protected], and Roberto Susi at 305-528-3283 or [email protected]. Both Jose Sasson and Roberto Susi specialize in sourcing and facilitating off-market transactions.

Players

Jose Sasson Lerner

AXIOM Capital Advisors

Broker

$943.7M

vol

83 deals

Broker

Market MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $30 per square foot on a published $1.5M for 50,720 square feet (2023).

Visit Jose Sasson Lerner to view all their deals.

Browse Florida multifamily sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

10.32%

Cash-on-Cash

-2.95%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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