SOLDMultiFamily
SB Real Estate Partners Acquires Multifamily Property In Glendale, AZ For $56.4M
6801 West Ocotillo Road & 6801 West Ocotillo Road, Glendale, Arizona 85303, United States
$56,400,000
$149/SF
Building Size
376,624 SF
Asset Type
MultiFamily
Closing
Aug 24, 2022
AI
No summary available.
Players
Freddie MacLender
Glendale MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.28%
Cash-on-Cash
-0.08%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93