Updated Jul 7, 2026
Joao Carlos Costa & Adelaide Costa Purchase Multifamily Property In Lemoore For $960,000
1178 Beverly Drive
$960,000
$179/SF
Building Size
5,338 SF
Asset Type
MultiFamily
Closing
Jun 22, 2026
About this deal
AI
The property asset involved in this transaction is a multifamily unit located at 1178 Beverly Drive in the Lemoore market. The transaction was completed with a sale price of $960,000 for the six units, which translates to a price per unit of $160,000. The total square footage of the property is 5,338, resulting in a price per square foot of $179.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $960,000
- Units: 6
- Square Footage: 5,338
- Price Per Unit: $160,000
- Price Per Square Foot: $179
- Buyer: Joao Carlos Costa & Adelaide Costa
- Seller: Daljit Singh
- Seller's Representative: Taj Gill - Kuphaldt Real Estate
Notably, Taj Gill was effective in securing a sale that was well above the market price for multi-family units in Kings County on behalf of the seller, Daljit Singh.
Players
Lemoore 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
16.52%
Cash-on-Cash
-4.72%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93