Updated Sep 9, 2024
Adam Feldman, Daniel Withers & John Boyett Acquire Multifamily Property In Sherman Oaks For $5.45M
14041 Moorpark Street, Sherman Oaks, CA, USA
$5,450,000
$373/SF
Building Size
14,584 SF
Asset Type
MultiFamily
Closing
Feb 10, 2021
About this deal
AI
The multifamily property located at 14041 and 14047 Moorpark St. in Sherman Oaks has been sold for a total price of $5,450,000. The property spans a total area of 14,584 square feet, resulting in a price per square foot of $373.
Summary of Transaction Details
- Property Type: Multifamily
- Transaction Amount: $5,450,000
- Address: 14041, 14047 Moorpark St.
- Market: Sherman Oaks
The sale was facilitated by brokers Adam Feldman, Daniel Withers, and John Boyett. Adam Feldman represents the buyers in this transaction.
Players
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.91%
Cash-on-Cash
-0.83%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93