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2115 Hollywood Blvd, Hollyw...

Inwood Properties LLC & Champagne & Parisi Real Estate Acquire Office Building In Hollywood For $2.3M
SOLDOffice

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

Pablo M Barreiro

Broker

$14.7M

vol

4 deals

Broker

Hollywood 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

6.90%

Cash-on-Cash

-1.97%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93