David E Darmon Acquires Industrial Property In Hollywood For $2.7M
921 North 21st Avenue, Hollywood, Florida 33020, United States
$2,700,000
$337/SF
Building Size
8,000 SF
Asset Type
Retail
Closing
Apr 24, 2022
AI
The industrial property located at 921 N 21st Ave in Hollywood has been sold for a sale price of $2,700,000. The property spans a total area of 7,565 square feet, resulting in a price per square foot of $357. The transaction took place on 04/25/2022.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $2,700,000
- Address: 921 N 21st Ave, Hollywood
- Market: Hollywood
- Buyer: David E Darmon
- Seller: Joseph Shulman
- Brokers: Miguel Rodriguez & Samantha Noriega - Lifestyle International Realty
Miguel Rodriguez and Samantha Noriega from Lifestyle International Realty represented both the buyer and seller in this transaction.
Players
Hollywood Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.88%
Cash-on-Cash
-1.68%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93