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1027 West E Street

Andrew Te Acquires Multifamily Property In Ontario For $2.715 Million From Kathy Huynh
SOLDMultiFamily

Andrew Te Acquires Multifamily Property In Ontario For $2.715 Million From Kathy Huynh

1027 West E Street

$2,715,000

$245/SF

Building Size

11,044 SF

Asset Type

MultiFamily

Closing

Feb 27, 2025

AI

The property involved in this transaction is located at 1027 West E Street in Ontario, classified as a multifamily asset. The sale was completed for a total price of $2,715,000, encompassing 12 units within a total square footage of 11,044. The price per unit is $226,250, and the price per square foot is $245.

Summary of transation details:

  • Property Type: Multifamily
  • Transaction Amount: $2,715,000
  • Units: 12
  • Square Footage: 11,044
  • Price Per Unit: $226,250
  • Price Per Square Foot: $245
  • Buyer: Andrew Te
  • Seller: Kathy Huynh
  • Brokers: Eric Chen & Justino L. Fa’aola - CBRE

The key individuals in this transaction include Andrew Te, who acted as the buyer, and Kathy Huynh, who served as the seller. The transaction was facilitated by brokers Eric Chen and Justino L. Fa’aola representing CBRE, playing a pivotal role in the completion of the deal.

Players

Eric Chen

CBRE

Broker

$886.6M

vol

108 deals

Broker

Ontario 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

5.84%

Cash-on-Cash

-1.67%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93