Updated Sep 9, 2024
Beau Cassidy Acquires West Hollywood Multifamily For $2.79M
8935 Rangely Avenue, West Hollywood, California 90048, United States
$2,796,500
$976/SF
Building Size
2,865 SF
Asset Type
MultiFamily
Closing
Jun 2, 2022
About this deal
AI
An multifamily property located at 8935 Rangely Ave. in West Hollywood has been sold for a price of $2,796,500. The property measures 2,865 square feet with a price per square foot of $976. The sale took place on 06/03/2022.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $2,796,500
- Address: 8935 Rangely Ave.
- Market: West Hollywood
The buyer of the property is Beau Cassidy. The sale was facilitated by brokers Joshua Kashani and Nathan Meadows from Keller Williams Beverly Hills.
Players
West 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
5.67%
Cash-on-Cash
-1.62%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93