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David O. Deutch Acquires Parking Asset In Hollywood, FL For $3.5M

Property Image
SOLD
$3,500,000

Florida

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Sold 10/07/2022
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Property Image
SOLD

David O. Deutch Acquires Parking Asset In Hollywood, FL For $3.5M

6028 Johnson Street, Hollywood, Florida 33024, United States

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Other
Sold 10/07/2022
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Summary

FLORIDA
Asset Type:Other
Transaction Type:Sale

The property involved in this transaction is a parking asset located at 6028 Johnson St in Hollywood, FL. The transaction took place on 10/07/2022. The property was sold for a price of $3,500,000. The buyer was David O. Deutch, while the seller was Stephen H Schneider & Michael J Bohane.

Summary of transaction details:

  • Property Type: Parking
  • Transaction Amount: $3,500,000
  • Address: 6028 Johnson St, Hollywood, FL

David O. Deutch represented the buyer in this deal.

Players

2 deals$92.1M volume
BUYER

Details

SOLD
IMAGE: 10/07/2022 ADDRESS: 6028 Johnson St MARKET: Hollywood,FL ASSET TYPE: Parking BUYER: David O. Deutch SELLER: Stephen H Schneider & Michael J Bohane PRICE: $3,500,000

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$186,666.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$12,434.75
Cash-on-Cash Return-1.27%
Monthly Debt Service$16,591.79
Annual Debt Service$199,101.43