David E Darmon Acquires Industrial Property In Hollywood For $2.7M
SOLD
$2,700,000
Florida
See Similar DealsRetail8,000 SF
Sold 04/25/2022
SOLD
David E Darmon Acquires Industrial Property In Hollywood For $2.7M
921 North 21st Avenue, Hollywood, Florida 33020, United States
See Similar DealsRetail8,000 SF
Sold 04/25/2022
Summary
FLORIDA
Asset Type:Retail
Price Per Square Foot:$337
Total Square Footage:8,000 SF
Transaction Type:Sale
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
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$144,000.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$9,592.53
Cash-on-Cash Return-1.27%
Monthly Debt Service$12,799.38
Annual Debt Service$153,592.53
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