MWest Holdings/Bentall Green Oak Acquires Paramount Multifamily For $99.3M
SOLD
$99,325,000
California
See Similar DealsMultiFamily297,583 SF
Sold 12/17/2019
SOLD
MWest Holdings/Bentall Green Oak Acquires Paramount Multifamily For $99.3M
13801 Paramount Boulevard, Paramount, CA 90723, USA & 13801 Paramount Boulevard, Paramount, CA 90723, USA
See Similar DealsMultiFamily297,583 SF
Sold 12/17/2019
Summary
CALIFORNIA
Asset Type:MultiFamily
Price Per Square Foot:$333
Total Square Footage:297,583 SF
Transaction Type:Sale
A multifamily property located at 13801 Paramount Blvd in Paramount has been sold for a price of $99,325,000. The property spans 296,553 square feet and has 306 units, resulting in a price per square foot of $334.93 and a price per unit of $324,591. The transaction took place on December 17, 2019.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $99,325,000
- Square Footage: 296,553
- Price per Square Foot: $334.93
- Number of Units: 306
- Price per Unit: $324,591
The buyer of the property was MWest Holdings/Bentall Green Oak. Shane Shafer from an undisclosed agency represented the buyer in the transaction.
Players
BUYER
BUYER
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Top Markets for Multifamily Investment ReportFall 2025
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$5,297,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$352,880.75
Cash-on-Cash Return-1.27%
Monthly Debt Service$470,851.17
Annual Debt Service$5,650,214.08
Is there something missing? Send suggestions