Updated Oct 28, 2024
Triumph Properties Secures $74.99M Loan For 305-Unit Multifamily In Mission Viejo
23151 Los Alisos Blvd, Mission Viejo, CA, USA
$74,990,000
$49,563/SF
Building Size
1,513 SF
Asset Type
MultiFamily
Closing
Aug 10, 2021
About this deal
AI
The multifamily property located at 23151 Los Alisos Blvd. in Mission Viejo has been involved in a recent loan transaction. The loan was provided by Dwight Capital to Triumph Properties for a total amount of $74,990,000. The property consists of 305 units and is situated in the Mission Viejo market.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $74,990,000
- Address: 23151 Los Alisos Blvd.
- Market: Mission Viejo
- Units: 305
Adam Sasouness, Josh Sasouness, Jon Camps, and Kim Gift were the individuals involved in the transaction. They represent the landlord, Triumph Properties, in this deal.
Players
Mission Viejo MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Loan transactions
Loading comparables…
Deal FAQ
Browse California multifamily loans on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.21%
Cash-on-Cash
-0.06%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93