KEI Acquisitions Acquires Development Site In Pembroke Park, FL
3900 W Hallandale Beach Blvd, Pembroke Park, Florida, USA
$2,800,000
$2,310/SF
Building Size
1,212 SF
Asset Type
Development Site
Closing
Aug 19, 2020
AI
A development site located at 3900 W. Hallandale Beach Blvd in Pembroke Park, FL has been sold for $2,800,000. The property spans 1.87 acres and the price per acre stands at $1,497,326. The transaction took place on August 19, 2021.
Summary of transaction details
- Property Type: Development Site
- Transaction Amount: $2,800,000
- Address: 3900 W. Hallandale Beach Blvd, Pembroke Park, FL
- Market: Pembroke Park, FL
- Acres: 1.87
- Price per Acre: $1,497,326
The buyer in this transaction is KEI Acquisitions LLC, while the seller is Aspen Nursery LLC. The deal was facilitated by brokers Adam Tiktin and Greg Matus from Franklin Street.
Players
Hollywood Development Site Market Snapshot
Boundary boundary · Development Site · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.67%
Cash-on-Cash
-1.62%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93