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496 Northeast 78th Street

Updated Jul 3, 2025

Dinesh Paliwal Acquires Multifamily Property In Little River For $960K
SOLDMultiFamily

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.

On the Map

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$960,000

$302/SF

MultiFamily

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Players

Ryan Shaw

Marcus & Millichap

Broker

$145.7M

vol

22 deals

Broker

Dinesh Paliwal

Buyer

$7.8M

vol

3 deals

Buyer
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Topeka MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $302 per square foot on a published $960K for 3,173 square feet (2022).

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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

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