Multifamily Property In San Diego Sold For $11M With Angelo La Bruna - Apartment Realty Group (ARG)
151 S Myers St, Oceanside, CA 92054
$11,000,000
$806/SF
Building Size
13,633 SF
Asset Type
MultiFamily
Closing
Jul 15, 2022
AI
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).
Oceanside MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
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