Joseph Cohen Acquires Multifamily Property In Hollywood, FL For $2.275M
6045 Buchanan Street, Hollywood, Florida 33024, United States
$2,275,000
$545/SF
Building Size
4,174 SF
Asset Type
MultiFamily
Closing
Aug 10, 2022
AI
A multifamily property located at 6045 Buchanan St in Hollywood, FL has been sold. The property spans 4,174 square feet and was sold for a price of $2,275,000, resulting in a price per square foot of $545.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $2,275,000
- Address: 6045 Buchanan St, Hollywood, FL
- Market: Hollywood, FL
In this transaction, the buyer was Joseph Cohen and the seller was Yossi Lonkri. Their respective representatives in the deal were not mentioned.
Players
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
6.97%
Cash-on-Cash
-1.99%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93