Yvonne Raghunandan Purchases Multifamily Property From Nicole Markson For $1.63 Million In Hollywood
SOLD
$1,630,000
Florida
See Similar DealsMultiFamily5,808 SF
Sold 10/03/2025
SOLD
Yvonne Raghunandan Purchases Multifamily Property From Nicole Markson For $1.63 Million In Hollywood
6201 Taylor Street
See Similar DealsMultiFamily5,808 SF
Sold 10/03/2025
Summary
FLORIDA
Asset Type:MultiFamily
Price Per Square Foot:$280
Total Square Footage:5,808 SF
Transaction Type:Sale
The property involved in this transaction is a multifamily asset located at 6201 Taylor Street in the Hollywood market. The sale price for the property was $1,630,000, which encompasses a total of 9 units. The total square footage of the building is 5,808, resulting in a price per unit of $181,111 and a price per square foot of $280.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,630,000
- Units: 9
- Square Footage: 5,808
- Price Per Unit: $181,111
- Price Per Square Foot: $280
- Buyer: Yvonne Raghunandan
- Seller: Nicole Markson
- Brokerage: Marcus & Millichap
- Brokers: Austin Michels, Evan Kristol & Brandon Rex
The key individuals involved in this transaction include the buyer, Yvonne Raghunandan, and the seller, Nicole Markson. The brokerage firm facilitating the transaction is Marcus & Millichap, represented by brokers Austin Michels, Evan Kristol, and Brandon Rex.
Players
BROKERAGE
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$86,933.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$5,791.05
Cash-on-Cash Return-1.27%
Monthly Debt Service$7,727.03
Annual Debt Service$92,724.38
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