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12910 S Vermont St

Bingo Real Estate LLC Acquires Multifamily Property From Sola Impact Fund II LP For $1.28M
SOLDMultiFamily

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

Brandon Evans

Lyon Stahl Investment Real Estate

Broker

$57.1M

vol

18 deals

Broker
BL
Bingo Real Estate LLCBuyer
SL
Sola Impact Fund II, LPSeller

Gardena 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

12.39%

Cash-on-Cash

-3.54%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93