Updated Jan 31, 2025
Fairfield Acquires MultiFamily Asset In Ontario For $84.65 Million With CBRE's Derrek Ostrzyzek
1110 E Philadelphia St
$84,650,000
Building Size
—
Asset Type
MultiFamily
Closing
Nov 1, 2020
About this deal
AI
The transaction involves a MultiFamily property located at 1110 E Philadelphia St in the Ontario market. The transaction price of the property is $84,650,000.00.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $84,650,000.00
- Sale Date: 11/01/2020
- Address: 1110 E Philadelphia St
- Market: Ontario
Derrek Ostrzyzek from CBRE represents the buyer, Fairfield, in this transaction.
The multifamily sale at 1110 E Philadelphia St in Ontario, California sold for $84.7M in 2020. 1110 E Philadelphia St is classified as Multifamily on Traded. Derrek Ostrzyzek, CBRE appear on the sale alongside CBRE. This page is the Ontario, California file for the 1110 E Philadelphia St multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Ontario sit in the Market section below. Filter that Ontario multifamily set by closing date to see what else sold near 1110 E Philadelphia St around 2020. Published consideration for 1110 E Philadelphia St is $84.7M, dated 2020. Cite this Fairfield Acquires MultiFamily Asset In Ontario For $84.65 Million With CBRE's Derrek Ostrzyzek sale when underwriting similar multifamily product around Ontario, California.
On the Map
$84,650,000
MultiFamily
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Players
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
0.19%
Cash-on-Cash
-0.05%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93