Adi Karadi Sells Hollywood Multifamily For $33.92M With Yoav Yuhjtman And Berkadia
3600 Van Buren Street, Hollywood, Florida 33021, United States
$33,920,000
Building Size
—
Asset Type
MultiFamily
Closing
Apr 28, 2022
AI
Located in Hollywood, the multifamily property at 3600 Van Buren St has recently been sold. The transaction took place on April 29, 2022, with a sale price of $33,920,000. The property consists of 160 units, making the per unit price approximately $212,000. The sale was facilitated by Yoav Yuhjtman, Roberto Pesant, Jaret Turkell, Omar Morales, and Jose Mota of Berkadia, representing the seller, Adi Karadi.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $33,920,000
- Address: 3600 Van Buren St
- Market: Hollywood
The sale of this multifamily property marks a significant deal in Hollywood's real estate market. The involved brokers from Berkadia, Yoav Yuhjtman, Roberto Pesant, Jaret Turkell, Omar Morales, and Jose Mota, played a crucial role in ensuring a successful transaction for their client, Adi Karadi.
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
0.47%
Cash-on-Cash
-0.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93