Pablo M Barreiro Of Inwood Properties Sells Hollywood Office Building For $4.3M
SOLD
$4,275,000
Florida
See Similar DealsOffice19,070 SF
Sold 12/28/2021
SOLD
Pablo M Barreiro Of Inwood Properties Sells Hollywood Office Building For $4.3M
2028 Harrison Street, Hollywood, Florida 33020, United States
See Similar DealsOffice19,070 SF
Sold 12/28/2021
Summary
FLORIDA
Asset Type:Office
Price Per Square Foot:$224
Total Square Footage:19,070 SF
Transaction Type:Sale
A 19,070 square foot office property located at 2028 Harrison Street in Hollywood has been sold for $4,275,000. The transaction took place on 12/28/2021.
Summary of transaction details
- Property Type: Office
- Transaction Amount: $4,275,000
- Address: 2028 Harrison Street
- Market: Hollywood
The property was sold by Pablo M Barreiro, a representative from Inwood Properties. The sale price translates to a price per square foot of $224.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$228,000.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$15,188.17
Cash-on-Cash Return-1.27%
Monthly Debt Service$20,265.68
Annual Debt Service$243,188.17
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