Matt Prince Acquires Office Building In Hollywood For $5.1M
1200 Southwest 145th Avenue, Pembroke Pines, FL, USA
$5,111,314
$28/SF
Building Size
177,346 SF
Asset Type
Office
Closing
Jul 22, 2021
About this deal
AI
The office property located at 1200 SW 145th Ave in Hollywood has been sold in a recent transaction. The property spans across 177,346 square feet and was sold for a total price of $5,111,314, resulting in a price per square foot of $29.
Summary of transation details
- Property Type: Office
- Transaction Amount: $5,111,314
- Address: 1200 SW 145th Ave, Hollywood
- Market: Hollywood
Matt Prince has purchased the office property from Jon E. Brees. They represented themselves in the deal.
The office sale at 1200 Southwest 145th Avenue, Pembroke Pines, FL, USA in Pembroke Pines, Florida sold for $5.1M in 2021. The building is 177,346 square feet, implying about 28 per square foot on the published price. This page is the Pembroke Pines, Florida file for the 1200 Southwest 145th Avenue, Pembroke Pines, FL, USA office sold: pricing, party profiles, and other closed office comps from the same Pembroke Pines sit in the Market section below. Filter that Pembroke Pines office set by closing date to see what else sold near 1200 Southwest 145th Avenue, Pembroke Pines, FL, USA around 2021. Published consideration for 1200 Southwest 145th Avenue, Pembroke Pines, FL, USA is $5.1M, dated 2021. Cite this Matt Prince Acquires Office Building In Hollywood For $5.1M sale when underwriting similar office product around Pembroke Pines, Florida.
Players
Pembroke Pines Office Market Snapshot
Boundary boundary · Office · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.10%
Cash-on-Cash
-0.89%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93