Evan J. Mouhalis & Shai Wolkowichi Acquire Retail Property In Hollywood, FL For $2.5M
SOLD
$2,500,000
Florida
See Similar DealsRetail3,030 SF
Sold 01/31/2022
SOLD
Evan J. Mouhalis & Shai Wolkowichi Acquire Retail Property In Hollywood, FL For $2.5M
Pines Blvd, Hollywood, Florida 33027, United States
See Similar DealsRetail3,030 SF
Sold 01/31/2022
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.
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Deal Type
30 years
10 years
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
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