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Multifamily Property In San Diego Sold For $11M With Angelo La Bruna - Apartment Realty Group (ARG)

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SOLD
$11,000,000

California

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MultiFamily13,633 SF
Sold 07/15/2022
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Property Image
SOLD

Multifamily Property In San Diego Sold For $11M With Angelo La Bruna - Apartment Realty Group (ARG)

151 S Myers St, Oceanside, CA 92054

See Similar Deals
MultiFamily13,633 SF
Sold 07/15/2022
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Summary

CALIFORNIA
Asset Type:MultiFamily
Price Per Square Foot:$806
Total Square Footage:13,633 SF
Transaction Type:Sale

The multifamily property located at 151, 203-205, 211, 215, and 217 S. Myers St. in San Diego has been sold for a total price of $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, with 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
  • Square Footage: 13,633
  • Price per Square Foot: $806
  • Address: 151, 203-205, 211, 215 & 217 S. Myers St., San Diego
  • Market: San Diego

The sale of this multifamily property was facilitated by Angelo La Bruna from Apartment Realty Group (ARG).

Players

Angelo La Bruna
14 deals$88.6M volume
BROKER

Details

SOLD
IMAGE: Angelo La Bruna DATE: 07/15/2022 ADDRESS: 151, 203-205, 211, 215 & 217 S. Myers St. MARKET: San Diego ASSET TYPE: Multifamily BROKER: Angelo La Bruna (@Angelo_La_Bruna) - Apartment Realty Group (ARG) (@ApartmentRealty) SALE PRICE: $11,000,000 UNITS: 24 ~ PPU: $458,333 SF: 13,633 ~ PPSF: $806

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

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Cash Flow (Annual)-$39,080.67
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