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Brendan Raney Acquires Hollywood Multifamily For $4.8M

2022 Adams Street & 2025 Washington Street
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This MultiFamily property located in FL was sold for $4,800,000 almost 2 years ago. The brokers of the deal were Alec Demetriou, Joseph Thomas, and Adam Duncan

The sale of a multifamily property in Hollywood has been successfully completed. The property, located at 2022 Adams Street and 2025 Washington Street, was sold for a price of $4,800,000. The transaction took place on April 20, 2022. The property consists of 32 units, with a price per unit of $150,000. The total square footage of the property is 17,540, resulting in a price per square foot of $274.

Summary of transation details

  • Property Type: Multifamily
  • Transaction Amount: $4,800,000
  • Address: 2022 Adams Street & 2025 Washington Street
  • Market: Hollywood
  • Buyer: Brendan Raney
  • Seller: Boris Ovrutsky
  • Brokers: Alec Demetriou, Joseph Thomas & Adam Duncan - Marcus & Millichap
  • Units: 32
  • Price per Unit: $150,000
  • Total Square Footage: 17,540
  • Price per Square Foot: $274

The successful sale was facilitated by brokers Alec Demetriou, Joseph Thomas, and Adam Duncan from Marcus & Millichap. They played a vital role in representing the buyer and seller in the transaction, ensuring a smooth process and favorable outcomes for both parties involved.

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Deals
  • Location
    2022 Adams Street, Hollywood, Florida 33020, United States2022 Adams Street, Hollywood, Florida 33020, United States
  • Sale Price
    $4,800,000$4,800,000
    $273 PPSF$273 PPSF
  • Area
    17,540 SF17,540 SF
  • Asset Type
    MultiFamilyMultiFamily
  • Parties
    3 Brokers, 1 Agency3 Brokers, 1 Agency

Agents

Alec Demetriou

Alec Demetriou

Deals14
Sold$99.4M

Agency

Marcus & Millichap

Marcus & Millichap

Agency
Deals6999
Volume$66B

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Deal Summary

SALE IMAGE: Alec Demetriou, Joseph Thomas & Adam Duncan DATE: 04/20/2022 ADDRESS: 2022 Adams Street & 2025 Washington Street MARKET: Hollywood ASSET TYPE: Multifamily BUYER: Brendan Raney SELLER: Boris Ovrutsky BROKERS: Alec Demetriou (@AlecDemetriou19), Joseph Thomas & Adam Duncan (@Duncdoggz) - Marcus & Millichap (@MarcusMillichap_Fl) SALE PRICE: $4,800,000 UNITS: 32 ~ PPU: $150,000 SF: 17,540 ~ PPSF: $274

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2022 Adams Street & 2025 Washington Street

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