Updated Dec 20, 2023
The R&Z Group Represents Sale Of Multifamily Property In San Francisco Bay Area For $24M
126 West Ahwanee Avenue, Sunnyvale, CA, USA
$24,000,000
$646/SF
Building Size
37,136 SF
Asset Type
MultiFamily
Closing
Feb 16, 2021
About this deal
AI
The multifamily property located at 126 W Ahwanee Avenue in the San Francisco Bay Area, Silicon Valley has been sold in a closed transaction. The property consists of 68 units and was sold for a total price of $24,000,000. The sale was facilitated by brokers Ray Rodriguez and Tony Zizzo of The R&Z Group.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $24,000,000
- Address: 126 W Ahwanee Avenue
- Market: San Francisco Bay Area, Silicon Valley
- Brokers: Ray Rodriguez of The R&Z Group
- Brokers: Tony Zizzo of The R&Z Group
The sale of this property represents a significant transaction in the multifamily market. It showcases the demand and value of properties in the San Francisco Bay Area and Silicon Valley. Ray Rodriguez and Tony Zizzo from The R&Z Group played a crucial role in facilitating this successful deal.
Players
Sunnyvale 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
0.66%
Cash-on-Cash
-0.19%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93