Ilya Shakhov & Zhanna Shakhov Acquire Office Building On Hollywood Blvd For $6M
6067 Hollywood Blvd, Hollywood, FL, USA
$6,000,000
$173/SF
Building Size
34,493 SF
Asset Type
Office
Closing
Aug 29, 2021
About this deal
AI
The office property located at 6067 Hollywood Blvd in the Hollywood market has been sold in a recent transaction. The sale involved buyers Ilya Shakhov and Zhanna Shakhov, who also served as the sellers. The transaction amount for this sale was $6,000,000. The office space spans a total of 34,493 square feet, resulting in a price per square foot of $174.00.
Summary of transaction details
- Property Type: Office
- Transaction Amount: $6,000,000
- Address: 6067 Hollywood Blvd
- Market: Hollywood
- Buyer: Ilya Shakhov & Zhanna Shakhov
- Seller: Ilya Shakhov & Zhanna Shakhov
- Square Footage: 34,493
- Price per Square Foot: $174.00
It is noteworthy that in this transaction, the buyers, Ilya Shakhov and Zhanna Shakhov, also represented themselves as sellers. This demonstrates their involvement and ownership of the property both before and after the sale.
Players
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
2.64%
Cash-on-Cash
-0.76%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93