Updated Dec 21, 2023
Hari-Mara Martin Acquires Multifamily Property In Hollywood, FL For $2.9M
810 South Surf Road, Hollywood, Florida 33019, United States
$2,900,000
$885/SF
Building Size
3,276 SF
Asset Type
MultiFamily
Closing
Jan 12, 2022
About this deal
AI
The property involved in this transaction is a multifamily asset located at 810 S Surf Rd, Hollywood, FL. The property measures 3,276 square feet and was sold for a price of $2,900,000. The price per square foot for this transaction was $885.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $2,900,000
- Seller: Diane Struyf & Michael D. Struyf
- Buyer: Hari-Mara Martin
Hari-Mara Martin represented the buyer in this transaction, while Diane Struyf & Michael D. Struyf represented the seller.
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
5.47%
Cash-on-Cash
-1.56%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93