Jared Levine And Hirsch Sherman Acquire Multifamily Property On S Bonnie Brae Street For $1.2M | 220 South Bonnie Brae Street | Jared Levine, Hirsch Sherman | MultiFamily | Sale

Summary

Sale

CALIFORNIA

MultiFamily

6,353 sqft

The multifamily property located at 220 S Bonnie Brae Street was recently sold. The sale took place on 06/28/2019 for a total price of $1,225,000. The property has a total area of 6,353 square feet and a price per square foot of $192.82. It consists of 6 units, with a price per unit of $204,166. The capitalization rate for this investment is 3.75%, and the gross rent multiplier is 14.29.

Summary of transaction details

Property Type: Multifamily
Transaction Amount: $1,225,000
Address: 220 S Bonnie Brae Street
Price per Square Foot: $192.82
Units: 6
Price per Unit: $204,166
Capitalization Rate: 3.75%
Gross Rent Multiplier: 14.29
Date: 06/28/2019

The sale of this multifamily property was facilitated by the brokers Jared Levine and Hirsch Sherman from the JML Real Estate Group.

Players

All
3

Agents
2
Agencies
1

Jared Levine

SVP, Multifamily Investments

$100.5M Sold

Hirsch Sherman

Real Estate

$100.5M Sold

Keller Williams

Details

Deal Summary

SOLD

IMAGE: Hirsch Sherman & Jared Levine @jmlrealestategroup DATE: 06/28/2019 ADDRESS: 220 S Bonnie Brae Street ASSET TYPE: Multifamily PRICE: $1,225,000 SF: 6,353 PPSF: $192.82.82 UNITS: 6 PPU: $204,166 CAP: 3.75% GRM: 14.29 BROKERS: @jmlrealestategroup Jared Levine, Hirsch Sherman

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Address220 South Bonnie Brae Street

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