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Evan J. Mouhalis & Shai Wolkowichi Acquire Retail Property In Hollywood, FL For $2.5M

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SOLD
$2,500,000

Florida

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Retail3,030 SF
Sold 01/31/2022
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Property Image
SOLD

Evan J. Mouhalis & Shai Wolkowichi Acquire Retail Property In Hollywood, FL For $2.5M

Pines Blvd, Hollywood, Florida 33027, United States

See Similar Deals
Retail3,030 SF
Sold 01/31/2022
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Summary

FLORIDA
Asset Type:Retail
Price Per Square Foot:$825
Total Square Footage:3,030 SF
Transaction Type:Sale

The retail property located at 8559 Pines Blvd in Hollywood, FL was sold on January 31, 2022. The property spans 3,030 square feet and was sold for a price of $2,500,000, resulting in a price per square foot of $825.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: $2,500,000
  • Address: 8559 Pines Blvd, Hollywood, FL
  • Market: Hollywood, FL

The buyers of the property were Evan J. Mouhalis and Shai Wolkowichi, while the seller was Alberto Dayan.

Players

6 deals$26.7M volume
BUYER

Details

SOLD
IMAGE: 01/31/2022 ADDRESS: 8559 Pines Blvd MARKET: Hollywood, FL ASSET TYPE: Retail BUYER: Evan J. Mouhalis & Shai Wolkowichi SELLER: Alberto Dayan PRICE: $2,500,000 SF: 3,030 ~ PPSF: $825

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

$133,333.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$8,881.99
Cash-on-Cash Return-1.27%
Monthly Debt Service$11,851.28
Annual Debt Service$142,215.31