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Dekel Bitton & Ester Akiva Acquire Multifamily Property In Davie, Hollywood For $1.35M

Property Image
SOLD
$1,350,000

Florida

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MultiFamily5,308 SF
Sold 05/11/2022
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Property Image
SOLD

Dekel Bitton & Ester Akiva Acquire Multifamily Property In Davie, Hollywood For $1.35M

7381 Northwest 37th Street, Hollywood, Florida 33024, United States

See Similar Deals
MultiFamily5,308 SF
Sold 05/11/2022
the dealplayerscompscontact
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Summary

FLORIDA
Asset Type:MultiFamily
Price Per Square Foot:$254
Total Square Footage:5,308 SF
Transaction Type:Sale

The multifamily property located at 7381 NW 37th St & 7391 NW 37th St in Davie, Hollywood was recently sold in a closed transaction. The property comprises 8 units and has a total square footage of 5,308. It was sold for a price of $1,350,000, resulting in a per unit price of $168,750 and a price per square foot of $254.

Summary of transation details

  • Property Type: Multifamily
  • Transaction Amount: $1,350,000
  • Date: 05/11/2022
  • Address: 7381 NW 37th St & 7391 NW 37th St
  • Market: Davie, Hollywood

The buyers in this transaction were Dekel Bitton and Ester Akiva, while the seller was Myers Herby. The deal was facilitated by broker Eyal Melamed from Nadlan in Miami (Isram Realty).

Players

Eyal Melamed
Eyal Melamed
4 deals$8.6M volume
BROKER

Details

SOLD
IMAGE: Eyal Melamed DATE: 05/11/2022 ADDRESS: 7381 NW 37th St & 7391 NW 37th St MARKET: Davie, Hollywood ASSET TYPE: Multifamily BUYER: Dekel Bitton & Ester Akiva SELLER: Myers Herby BROKER: Eyal Melamed (@EyalaMed) - Nadlan in Miami (Isram Realty) (@Nadlan.in.Miami) ASKING PRICE: $1,300,000 SALE PRICE: $1,350,000 UNITS: 8 ~ PPU: $168,750 SF: 5,308 ~ PPSF: $254

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

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Cash Flow (Annual)-$4,796.26
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