Birge T. Taggart Acquires Medical Facility In Hollywood For $4.5M
SOLD
Florida
See Similar DealsOther9,509 SF
Sold 08/09/2021
SOLD
Birge T. Taggart Acquires Medical Facility In Hollywood For $4.5M
4224 Hollywood Blvd, Hollywood, FL, USA
See Similar DealsOther9,509 SF
Sold 08/09/2021
Summary
FLORIDA
Asset Type:Other
Price Per Square Foot:$468
Total Square Footage:9,509 SF
Transaction Type:Sale
A medical facility located at 4224 Hollywood Blvd in the Hollywood market has been sold in a recent transaction. The property spans across 9,509 square feet and was sold for a total price of $4,457,143, resulting in a price per square foot of $469.
Summary of transaction details:
- Property Type: Medical Facility
- Transaction Amount: $4,457,143
- Property Address: 4224 Hollywood Blvd
- Market: Hollywood
- Size: 9,509 square feet
- Price per Square Foot: $469
Birge T. Taggart acted as the buyer in this transaction, while Angel Soto & Stacy Larocco Soto were the sellers.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$237,714.30
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$15,835.29
Cash-on-Cash Return-1.27%
Monthly Debt Service$21,129.13
Annual Debt Service$253,549.58
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