Jonathan Kelly Acquires 16-Unit Multifamily Property In Beverlywood For $8.5M

The multifamily property located at 9583 Alcott St in Beverlywood has been sold in a closed transaction. With a total size of 26,975 square feet, the property was sold for a price of $8,525,000, resulting in a price per square foot of $316.03. The property consists of 16 units, with an average price per unit of $532,812.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $8,525,000
• Address: 9583 Alcott St
• Market: Beverlywood
• Square Footage: 26,975
• Price per Square Foot: $316.03
• Number of Units: 16
• Price per Unit: $532,812

The buyer of the property is Jonathan Kelly, while the seller is Ben Lee. The transaction was facilitated by Michael Sterman, a broker representing the buyer. Michael Sterman, who works at MikeyLikezIt agency, played a crucial role in the successful completion of the deal.