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140 South Camden Drive

Nick Mejerski & Elliot Sabag of Marcus & Millichap Sell $3.985M Multifamily Property At 140 South Camden Drive
SOLDMultiFamily

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

Elliot Sabag

Marcus & Millichap

Broker

$82.1M

vol

12 deals

Broker

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