Alexander Pinto-Nobrega Purchases Multifamily Asset In Hollywood From Justin Sult For $5.55M

The property involved in the transaction is a multifamily asset located at 2022 Adams Street and 2025 Washington Street in the Hollywood market. It has a total of 32 units and spans a square footage of 17,554. The sale price was set at $5,550,000, equating to a price per unit of $173,438 and a price per square foot of $316.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $5,550,000
• Units: 32
• Square Footage: 17,554
• Price Per Unit: $173,438
• Price Per Square Foot: $316
• Buyer: Alexander Pinto-Nobrega
• Seller: Justin Sult
• Broker Representatives: Dan Dratch, Ryan Wold & Dakota Brown - Franklin Street

This transaction was successfully closed off-market by Ryan Wold, Dan Dratch, and the Franklin Street South Florida Multifamily Team, in collaboration with Dakota Brown, who brokered the financing for the buyer in this transaction.