Inwood Properties LLC & Champagne & Parisi Real Estate Acquire Office Building In Hollywood For $2.3M
2115 Hollywood Blvd, Hollywood, FL, USA
$2,300,000
$171/SF
Building Size
13,432 SF
Asset Type
Office
Closing
Nov 16, 2021
AI
The office property located at 2115 Hollywood Blvd in Hollywood has been sold in a recent transaction. The property spans 13,432 square feet and is situated in a prime location in the Hollywood market. The sale price for this asset was $2,300,000, with an asking price of $2,600,000. The price per square foot (PPSF) is $171.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $2,300,000
- Address: 2115 Hollywood Blvd
- Market: Hollywood
- Square Footage: 13,432
- Asking Price: $2,600,000
- Price Per Square Foot: $171
The buyer's representatives in this deal were Pablo M Barreiro from Inwood Properties LLC and Olivier Hannoun from Champagne & Parisi Real Estate. They represented the buyer in the transaction.
Players
Hollywood Office Market Snapshot
Boundary boundary · Office · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
6.90%
Cash-on-Cash
-1.97%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93