SOLDMultiFamily
Breno Miranda Of Constellation Properties Acquires Taylor Street Multifamily For $1.52M
2307 Taylor Street
$1,520,000
Building Size
—
Asset Type
MultiFamily
Closing
Apr 30, 2024
AI
The multifamily property located at 2307 Taylor Street in Hollywood was sold for $1,520,000. The property consists of 8 units, with a per unit price of $190,000.
Summary of transation details:
- Property Type: Multifamily
- Transaction Amount: $1,520,000
- Buyer: Breno Miranda - Constellation Properties
- Brokers: Joseph Thomas & Alec Demetriou - Marcus & Millichap
- Units: 8
- Address: 2307 Taylor Street
- Market: Hollywood
The transaction was facilitated by brokers Joseph Thomas and Alec Demetriou from Marcus & Millichap. Breno Miranda from Constellation Properties acted as the buyer in this deal.
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
10.44%
Cash-on-Cash
-2.98%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93