Updated Dec 21, 2023
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.
On the Map
$11,000,000
$806/SF
MultiFamily
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Oceanside 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
1.44%
Cash-on-Cash
-0.41%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93