Jacques Nicolas, Baptiste Jean-Pierre & Geralda Marseille Acquire Hollywood, FL Office Building For $2.5M
5801 West Hallandale Beach Boulevard, West Park, Florida 33023, United States
$2,500,000
$164/SF
Building Size
15,183 SF
Asset Type
Office
Closing
Apr 17, 2022
About this deal
AI
An office building located at 5801 W Hallandale Beach Blvd in Hollywood, FL was recently sold for $2,500,000. The property spans a total of 15,183 square feet, resulting in a price per square foot of $164.
Summary of transaction details
- Property Type: Office Building
- Transaction Amount: $2,500,000
- Address: 5801 W Hallandale Beach Blvd, Hollywood, FL
- Market: Hollywood, FL
- Buyer: Jacques Nicolas, Baptiste Jean-Pierre & Geralda Marseille
- Seller: Gerand Giordany & Deborah A. Giordany
- Square Footage: 15,183
- Price per Square Foot: $164
Jacques Nicolas, Baptiste Jean-Pierre, and Geralda Marseille were the buyers of the office building. The sellers, on the other hand, were Gerand Giordany and Deborah A. Giordany.
Players
West Park Office Market Snapshot
Boundary boundary · Office · Sale transactions
Loading comparables…
Deal FAQ
Browse Florida office sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
6.35%
Cash-on-Cash
-1.81%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93