Updated Oct 28, 2024
Catalyst Housing Group Acquires Mixed-Use Property In Antioch & Dublin For $231M
2201 San Jose Dr, Antioch, CA, USA
$231,000,000
$66,532/SF
Building Size
3,472 SF
Asset Type
Mixed-use
Closing
May 5, 2021
About this deal
AI
The mixed-use property located at 2201 San Jose Dr. in Antioch and 6775 Golden Gate Dr. in Dublin has been sold. The transaction took place on 05/06/2021. The property consists of 593 units and was sold for a total price of $231,000,000. This equates to a price per unit of $389,544.
Summary of transaction details
- Property Type: Mixed-use
- Transaction Amount: $231,000,000
- Units: 593
- Price Per Unit (PPU): $389,544
- Market: Antioch & Dublin
The buyer of the property is Catalyst Housing Group represented by Jordan Moss and California Community Housing Agency.
These key individuals and companies played a significant role in the transaction. The buyer, Catalyst Housing Group, along with Jordan Moss and California Community Housing Agency, were instrumental in the successful acquisition of the property. Their expertise and partnership contributed to this notable transaction in the Antioch and Dublin markets.
Players
Antioch Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.07%
Cash-on-Cash
-0.02%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93