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285 East Del Amo Boulevard,...

Updated Dec 20, 2023

Brian Eisendrath & Cameron Chalfant Secure $79.2M Loan For Multifamily Acquisition In Carson
FINANCEDMultiFamily

Brian Eisendrath & Cameron Chalfant Secure $79.2M Loan For Multifamily Acquisition In Carson

285 East Del Amo Boulevard, Carson, California 90745, United States

$79,225,000

$262/SF

Building Size

301,302 SF

Asset Type

MultiFamily

Closing

May 31, 2022

About this deal

AI

The multifamily property located at 285 East Amo Boulevard in Carson has been acquired through a loan. The property comprises of 300 units spread across approximately 301,302 square feet. The transaction took place on 06/01/2022.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $79,225,000
  • Address: 285 East Amo Boulevard
  • Market: Carson

The loan amount for the acquisition was $79,225,000. The brokers involved in the transaction were Brian Eisendrath and Cameron Chalfant from Marcus & Millichap's Institutional Property Advisors.

Players

Cameron Chalfant

Institutional Property Advisors

Broker

$1.6B

vol

24 deals

Broker

Carson MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Loan transactions

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Deal FAQ

About $262 per square foot on a published $79.2M for 301,302 square feet (2022).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.20%

Cash-on-Cash

-0.06%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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