Bingo Real Estate LLC Acquires Multifamily Property From Sola Impact Fund II LP For $1.28M
12910 S Vermont St
$1,280,000
$242/SF
Building Size
5,280 SF
Asset Type
MultiFamily
Closing
Mar 15, 2023
AI
The property asset involved in this transaction is a multi-family building located at 12910 S Vermont St in Gardena. The sale was completed for a price of $1,280,000.00 and encompasses a total square footage of 5,280.0 sqft.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $1,280,000.00
- Address: 12910 S Vermont St
- Market: Gardena
- Square Footage: 5280.0
- Buyer: Bingo Real Estate LLC
- Seller: Sola Impact Fund II, LP
- Broker: Brandon Evans - Lyon Stahl Investment Real Estate
This transaction was notably facilitated by Brandon Evans, representing the broker Lyon Stahl Investment Real Estate. The buyer, Bingo Real Estate LLC, has acquired the property from Sola Impact Fund II, LP, marking a significant milestone in their investment portfolio.
Players
Gardena 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
12.39%
Cash-on-Cash
-3.54%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93