Updated Jan 31, 2025
IMT Residential Acquires MultiFamily Property In San Diego For $214 Million With CBRE's Derrek Ostrzyzek
11102 Caminito Alvarez
$214,000,000
Building Size
—
Asset Type
MultiFamily
Closing
Apr 1, 2016
About this deal
AI
The property asset involved in this transaction is a MultiFamily unit located at 11102 Caminito Alvarez in the San Diego market. The transaction was completed for a price of $214,000,000.00.
Summary of transation details:
- Property Type: MultiFamily
- Transaction Amount: $214,000,000.00
- Address: 11102 Caminito Alvarez
- Market: San Diego
- Buyer: IMT Residential
- Broker: Derrek Ostrzyzek (CBRE)
The deal involved IMT Residential as the buyer, and Derrek Ostrzyzek from CBRE represented the transaction. No additional individuals or companies are mentioned in relation to this transaction.
On the Map
$214,000,000
MultiFamily
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Players
San Diego 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
0.07%
Cash-on-Cash
-0.02%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93