SOLDOther
Robert A. Harris IV & Anthony J. Palumbo III Acquire Other Vacant Property In Hollywood,FL For $2,225,000
8701 Sheridan Street, Hollywood, Florida, United States
$2,225,000
Building Size
—
Asset Type
Other
Closing
Jul 13, 2022
About this deal
AI
The property asset involved in this transaction is an Other Vacant property located at 8701 Sheridan St in Hollywood, FL. The transaction took place on 07/14/2022. The property was sold for a price of $2,225,000.
Summary of transaction details
- Property Type: Other Vacant
- Transaction Amount: $2,225,000
- Address: 8701 Sheridan St, Hollywood, FL
- Buyer: Robert A. Harris IV & Anthony J. Palumbo III
- Seller: Rupert Burey & Lascelles Reece
Robert A. Harris IV & Anthony J. Palumbo III acted as the buyers in this transaction, while Rupert Burey & Lascelles Reece were the sellers.
Players
Hollywood Other Market Snapshot
Boundary boundary · Other · Sale transactions
Loading comparables…
Deal FAQ
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
7.13%
Cash-on-Cash
-2.04%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93