Joseph Cohen Acquires Multifamily Property In Hollywood, FL For $2.275M
SOLD
$2,275,000
Florida
See Similar DealsMultiFamily4,174 SF
Sold 08/11/2022
SOLD
Joseph Cohen Acquires Multifamily Property In Hollywood, FL For $2.275M
6045 Buchanan Street, Hollywood, Florida 33024, United States
See Similar DealsMultiFamily4,174 SF
Sold 08/11/2022
Summary
FLORIDA
Asset Type:MultiFamily
Price Per Square Foot:$545
Total Square Footage:4,174 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$121,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$8,082.61
Cash-on-Cash Return-1.27%
Monthly Debt Service$10,784.66
Annual Debt Service$129,415.93
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