Updated Mar 3, 2025
Zac Freehling Acquires Multifamily Property In Ventura For $2.92M
100 E Center St, Ventura, California 93001, United States
$2,920,000
$369/SF
Building Size
7,905 SF
Asset Type
MultiFamily
Closing
Feb 22, 2022
About this deal
AI
The multifamily property located at 100 E. Center St. in Ventura, Southern California has been sold for a total price of $2,920,000. The sale was completed on February 23, 2022, and the property consists of 12 units. The price per unit is approximately $243,333. The total square footage of the property is 7,905, with a price per square foot of $369.
Summary of Transaction Details
- Property Type: Multifamily
- Transaction Amount: $2,920,000
- Units: 12
- Price per Unit: $243,333
- Square Footage: 7,905
- Price per Square Foot: $369
The buyer of the property is Zac Freehling, representing Pacific Partners Los Angeles. The seller is James Finch. Seth Dailey acted as the broker in this transaction.
Players
Ventura 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
5.43%
Cash-on-Cash
-1.55%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93