Updated Sep 9, 2024
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
Market 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
10.32%
Cash-on-Cash
-2.95%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93