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
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