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Mitash Kripalani Of Colliers Represents Buyer In $3.3M Multifamily Sale In Hollywood

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SOLD
$3,300,000

Florida

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MultiFamily7,476 SF
Sold 05/07/2025
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Property Image
SOLD

Mitash Kripalani Of Colliers Represents Buyer In $3.3M Multifamily Sale In Hollywood

1815 Mckinley Street

See Similar Deals
MultiFamily7,476 SF
Sold 05/07/2025
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Summary

FLORIDA
Asset Type:MultiFamily
Price Per Square Foot:$441
Total Square Footage:7,476 SF
Transaction Type:Sale

The asset involved in this transaction is a multifamily property located at 1815 Mckinley Street in the Hollywood market. The sale was completed for a total transaction amount of $3,300,000. The property encompasses 16 units, presenting a price per unit of $206,250. The overall square footage of the asset is 7,476, which results in a price per square foot of $441.

Summary of transaction details:

Key individuals involved in this transaction include Mitash Kripalani, who represented the buyer through Colliers, and the seller's representatives, Benjamin Lipkin and David Benichou, who are affiliated with Liv Real Estate Group. Their combined efforts facilitated the successful transfer of ownership in this multifamily asset.

Players

Mitash Kripalani
23 deals$137.6M volume
BROKER

Benjamin (Ben) Lipkin
3 deals$7.8M volume
BROKER

David Benichou
3 deals$11.4M volume(646) 705-9980
BROKER

Details

SOLD
IMAGE: David Benichou, Benjamin Lipkin & Mitash Kripalani DATE: 5/7/2025 ADDRESS: 1815 Mckinley Street MARKET: Hollywood ASSET TYPE: Multifamily BUYER'S REP: Mitash Kripalani (@Mitash) - Colliers (@ColliersInternational) SELLER'S REP: Benjamin Lipkin (@BenjaminLipkin) & David Benichou (@David_Benichou) - Liv Real Estate Group (@TheLivRealEstateGroup) SALE PRICE: $3,300,000 UNITS: 16 ~ PPU: $206,250 SF: 7,476 ~ PPSF: $441

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$11,724.21
Cash-on-Cash Return-1.27%
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