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
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
Loading comparables…
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