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1638 Plunkett Street

Daniel Guenni Acquires Multifamily Property At 1638 Plunkett Street From Hanan Shany For $2.84M
SOLDMultiFamily

Daniel Guenni Acquires Multifamily Property At 1638 Plunkett Street From Hanan Shany For $2.84M

1638 Plunkett Street

$2,837,500

$351/SF

Building Size

8,063 SF

Asset Type

MultiFamily

Closing

Jan 15, 2025

AI

The property asset involved in this transaction is located at 1638 Plunkett Street, Hollywood. It is a multifamily asset consisting of 14 units, covering a total of 8,063 square feet. The transaction was completed at a sale price of $2,837,500, resulting in a price per unit of $202,678 and a price per square foot of $351.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $2,837,500
  • Address: 1638 Plunkett Street
  • Market: Hollywood
  • Units: 14
  • Square Footage: 8,063
  • Price Per Unit: $202,678
  • Price Per Square Foot: $351
  • Buyer: Daniel Guenni
  • Seller: Hanan Shany
  • Broker: Nelson Ilceus - Colliers

Key individuals in the transaction include buyer Daniel Guenni and seller Hanan Shany, who were represented by broker Nelson Ilceus from Colliers. This deal highlights the involvement of professionals in facilitating the transfer of ownership of the multifamily property in the Hollywood market.

Players

Nelson Ilceus

Colliers

Broker

$39.4M

vol

13 deals

Broker

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

5.59%

Cash-on-Cash

-1.60%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93