Zeina Maalouf & Adrienne Barr Close $4.06M Multifamily Sale In North Hollywood
10916 Peachgrove Street
$4,057,725
$407/SF
Building Size
9,970 SF
Asset Type
MultiFamily
Closing
Apr 16, 2024
AI
The multifamily property at 10916 Peachgrove Street in North Hollywood was sold for $4,057,725. The property consists of 9,970 square feet and has a price per square foot of $407. Zeina Maalouf from Positive Investments served as the buyer's representative, while Adrienne Barr of Berkadia represented the seller. The property features spacious two-bedroom/two-bathroom units and offers close proximity to various amenities, as well as direct access to prominent employers and transportation options.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $4,057,725
- Address: 10916 Peachgrove Street
- Market: North Hollywood
- Buyer's Rep: Zeina Maalouf - Positive Investments
- Seller's Rep: Adrienne Barr - Berkadia
- Square Footage: 9,970
- Price per Square Foot: $407
Positive Investments was represented by Zeina Maalouf in the acquisition of the property, while Adrienne Barr acted on behalf of Berkadia in the transaction.
Players
North Hollywood MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.91%
Cash-on-Cash
-1.12%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93