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5611 Fulcher Avenue

Joseph Braum Acquires Multifamily Asset From Moshe Golan Sagiv Rosano Gil Reuveny For $4.3M
SOLDMultiFamily

Joseph Braum Acquires Multifamily Asset From Moshe Golan Sagiv Rosano Gil Reuveny For $4.3M

5611 Fulcher Avenue

$4,300,000

$341/SF

Building Size

12,598 SF

Asset Type

MultiFamily

Closing

Aug 23, 2024

AI

The property asset involved in this transaction is a multifamily building located at 5611 Fulcher Avenue in North Hollywood. The sale was completed at a price of $4,300,000. The asset comprises a total of 21 units and offers 12,598 square feet of space, resulting in a price per unit of $204,761 and a price per square foot of $341.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $4,300,000
  • Units: 21
  • Square Footage: 12,598
  • Price Per Unit: $204,761
  • Price Per Square Foot: $341
  • Buyer: Joseph Braum
  • Seller: Moshe Golan, Sagiv Rosano & Gil Reuveny
  • Broker: Brandon Evans - Rosano Capital Partners

This transaction involved key individuals including buyer Joseph Braum and sellers Moshe Golan, Sagiv Rosano, and Gil Reuveny. The broker representing the deal was Brandon Evans from Rosano Capital Partners, facilitating the sale between the involved parties.

Players

Brandon Evans

Lyon Stahl Investment Real Estate

Broker

$57.1M

vol

18 deals

Broker

North Hollywood MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

3.69%

Cash-on-Cash

-1.05%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93