Harrison Boldt Acquires Multifamily Property In Oceanside For $1.735M
1307 Division Street
$1,735,000
$673/SF
Building Size
2,578 SF
Asset Type
MultiFamily
Closing
Oct 26, 2023
AI
The multifamily property located at 1307 Division Street in Oceanside has been sold for a price of $1,735,000. The property consists of 4 units, with a price per unit of $433,750. The total square footage of the property is 2,578, resulting in a price per square foot of $673.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,735,000
- Units: 4
- Price Per Unit: $433,750
- Square Footage: 2,578
- Price Per Square Foot: $673
The buyer of the property is Harrison Boldt and the seller is Abdul Hussain. Andy Kawatra from Marcus & Millichap represented the seller in the deal.
Players
Oceanside 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
9.14%
Cash-on-Cash
-2.61%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93