Nick Mejerski & Elliot Sabag of Marcus & Millichap Sell $3.985M Multifamily Property At 140 South Camden Drive
140 South Camden Drive
$3,985,000
$565/SF
Building Size
7,052 SF
Asset Type
MultiFamily
Closing
Mar 15, 2024
AI
A multifamily property located at 140 South Camden Drive in Beverly Hills has been sold for $3,985,000. The asset features 8 units, with a per-unit price of $498,125, and spans a total of 7,052 square feet, resulting in a price per square foot of $565.
Summary of transation details:
- Property Type: Multifamily
- Transaction Amount: $3,985,000
- Units: 8
- Price Per Unit: $498,125
- Square Feet: 7,052
- Price Per Square Foot: $565
The transaction was facilitated by brokers Eliyahu Appel, Elliot Sabag, Nick Mejerski, and Jeffrey Louks, who represent Marcus & Millichap in this deal.
Players
Beverly Hills 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
3.98%
Cash-on-Cash
-1.14%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93