facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

California

/

Multifamily

/

Sale

/

151 South Myers Street, Oce...

Updated Dec 21, 2023

Angelo La Bruna Facilitates $11M Sale Of Multifamily Property In San Diego
SOLDMultiFamily

Angelo La Bruna Facilitates $11M Sale Of Multifamily Property In San Diego

151 South Myers Street, Oceanside, California 92054, United States

$11,000,000

$806/SF

Building Size

13,633 SF

Asset Type

MultiFamily

Closing

Jul 14, 2022

About this deal

AI

A multifamily property located at 151, 203-205, 211, 215 & 217 S. Myers St. in San Diego has been sold for $11,000,000. The property consists of 24 units with an average price per unit of $458,333. The total square footage of the property is 13,633, resulting in a price per square foot of $806.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $11,000,000
  • Units: 24
  • Price per Unit: $458,333
  • Total Square Footage: 13,633
  • Price per Square Foot: $806

The sale of this multifamily property was facilitated by Angelo La Bruna from the Apartment Realty Group (ARG). Angelo La Bruna represented the parties involved in the transaction and played a key role in the deal.

Players

Angelo La Bruna

Apartment Realty Group (ARG)

Broker

$88.6M

vol

14 deals

Broker

Oceanside MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Deal FAQ

About $806 per square foot on a published $11M for 13,633 square feet (2022).

Visit Angelo La Bruna to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.44%

Cash-on-Cash

-0.41%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

More Deals

Nearby Markets