SOLDMultiFamily
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
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.
Players
Ontario MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
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