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713 Edgewood Street

Maxx Feldman & Elijah Korobkin Acquire Inglewood Multifamily For $2.05M
SOLDMultiFamily

Maxx Feldman & Elijah Korobkin Acquire Inglewood Multifamily For $2.05M

713 Edgewood Street

$2,050,000

$329/SF

Building Size

6,220 SF

Asset Type

MultiFamily

Closing

Aug 5, 2022

AI

A multifamily property located at 713 Edgewood St. in Inglewood has been sold in a recent transaction. The property consists of 8 units with a total square footage of 6,220. The sale price for this transaction was $2,050,000, resulting in a price per unit of $256,250 and a price per square foot of $329.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $2,050,000
  • Address: 713 Edgewood St., Inglewood
  • Market: Inglewood
  • Units: 8
  • Price per Unit: $256,250
  • Square Footage: 6,220
  • Price per Square Foot: $329

The buyers in this transaction were Maxx Feldman and Elijah Korobkin. The seller of the property was Ezequiel Navar. The deal was facilitated by Jake Glaser, Taylor Avakian, Daniel Withers, and John Boyett from Matthews Real Estate Investment Services.

Players

Daniel Withers

Matthews

Broker

$198.2M

vol

32 deals

Broker
Taylor Avakian
Verified Badge

Taylor Avakian

Lyon Stahl Investment Real Estate

Broker

$221.3M

vol

53 deals

Broker
Maxx Feldman

Maxx Feldman

The Goldfinger Group

Buyer

$59.3M

vol

17 deals

Buyer
The Goldfinger Group
The Goldfinger GroupBuyer

Baltimore 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

7.74%

Cash-on-Cash

-2.21%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93