Jack Vosough Acquires Beverly Hills Multifamily From Kaysan Nejad For $7.55M
SOLD
$7,550,000
California
See Similar DealsMultiFamily9,022 SF
Sold 06/22/2022
SOLD
Jack Vosough Acquires Beverly Hills Multifamily From Kaysan Nejad For $7.55M
210 South Hamilton Drive, Beverly Hills, California 90211, United States
See Similar DealsMultiFamily9,022 SF
Sold 06/22/2022
Summary
CALIFORNIA
Asset Type:MultiFamily
Price Per Square Foot:$836
Total Square Footage:9,022 SF
Transaction Type:Sale
A multifamily property located at 210 S. Hamilton Dr. in Beverly Hills has been sold for $7,550,000. The property consists of 10 units with a total square footage of 9,022. The price per unit is $755,000, and the price per square foot is $836.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $7,550,000
- Address: 210 S. Hamilton Dr.
- Market: Beverly Hills
The buyer of the property is Jack Vosough. The seller is Kaysan Nejad. The deal was represented by Iman Eshaghyan and Mina Eshaghyan of The Eshaghyan Group.
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Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$402,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$26,823.55
Cash-on-Cash Return-1.27%
Monthly Debt Service$35,790.85
Annual Debt Service$429,490.22
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