Don Kim Sells Multifamily Asset In Apple Valley For $1.85M With Brokers Thomas Beniamen & Dimitre Petrov
13584 Yakima Road
$1,850,000
$180/SF
Building Size
10,260 SF
Asset Type
MultiFamily
Closing
Aug 29, 2025
AI
The property asset involved in the transaction is a multifamily building located at 13584 Yakima Road in the Apple Valley market. It includes a total of 11 units, encompassing a square footage of 10,260. The sale price for this property was $1,850,000, which translates to a per unit price of $168,181 and a price per square foot of $180.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,850,000
- Units: 11
- Square Footage: 10,260
- Price Per Unit: $168,181
- Price Per Square Foot: $180
- Seller: Don Kim
- Brokers: Thomas Beniamen & Dimitre Petrov - Commercial Real Estate Investors
- Date of Transaction: 08/29/2025
This transaction involved the esteemed commercial real estate investors, Thomas Beniamen and Dimitre Petrov, acting as brokers in the sale, representing the seller Don Kim in the deal.
Players
Apple Valley 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
8.57%
Cash-on-Cash
-2.45%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93