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2307 Taylor Street

Breno Miranda Of Constellation Properties Acquires Taylor Street Multifamily For $1.52M
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:

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

Joseph Thomas

Marcus & Millichap

Broker

$372.9M

vol

53 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

10.44%

Cash-on-Cash

-2.98%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93