Updated Jul 3, 2025
Dinesh Paliwal Acquires Multifamily Property In Little River For $960K
496 Northeast 78th Street
$960,000
$302/SF
Building Size
3,173 SF
Asset Type
MultiFamily
Closing
Jul 6, 2022
About this deal
AI
The multifamily property located at 496 NE 78th St in Little River has been sold in a recent transaction. The property consists of 8 units with a total square footage of 3,240. The sale price for the property was $960,000, resulting in a per unit price of $120,000. The price per square foot for the property was $296.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $960,000
- Units: 8
- Price per Unit (PPU): $120,000
- Square Footage (SF): 3,240
- Price per Square Foot (PPSF): $296
The buyer in this transaction is Dinesh Paliwal, while the sellers are Jacob Nae and Francis Jacob. The deal was facilitated by Shelly Argy and Ryan Shaw from Marcus & Millichap. They represented both the buyer and seller in the transaction.
Players
Topeka 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
16.52%
Cash-on-Cash
-4.72%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93