Updated Oct 28, 2024
Decron Properties Acquires Multifamily Property In Chandler, AZ For $125.25M
125 S Alma School Rd, Chandler, AZ, USA
$125,250,000
$154/SF
Building Size
813,366 SF
Asset Type
MultiFamily
Closing
Nov 1, 2021
About this deal
AI
Located at 125 S Alma School Rd in Chandler, Arizona, this multifamily property was recently sold in a closed transaction. The property consists of 324 units, making it a significant investment in the market.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $125,250,000
- Buyer: Decron Properties - Daniel Nagel
- Units: 324
- Price Per Unit (PPU): $386,574
Decron Properties, represented by Daniel Nagel, acquired this multifamily property in Chandler, AZ. The sale price for the property amounted to $125,250,000, with each unit priced at approximately $386,574. This successful transaction showcases the strong investment potential of the multifamily market in Chandler, Arizona.
Players
Chandler MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Browse Arizona multifamily sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.13%
Cash-on-Cash
-0.04%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93