Denis Barreto Jr Acquires Multifamily Property On Stirling Rd In Hollywood For $24.3M
7550 Stirling Road, Hollywood, Florida 33024, United States
$24,300,000
$371/SF
Building Size
65,390 SF
Asset Type
MultiFamily
Closing
Mar 10, 1922
AI
The multifamily property located at 7550 Stirling Rd in Hollywood, FL was sold on 03/11/22. The property spans a total of 65,390 square feet. The transaction price for the property was $24,300,000, resulting in a price per square foot of $372.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $24,300,000
- Address: 7550 Stirling Rd, Hollywood, FL
- Market: Hollywood, FL
- Buyer: Denis Barreto Jr
- Seller: Eric R Wiener
- Square Footage: 65,390
- Price per Square Foot: $372
Denis Barreto Jr acted as the buyer in this transaction, while Eric R Wiener served as the seller's representative.
Davie 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
0.65%
Cash-on-Cash
-0.19%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93