Updated Oct 29, 2024
Advanced Real Estate Services Inc. Acquires Multifamily Property In Chino Hills For $130M
15101 Fairfield Ranch Rd, Chino Hills, CA 91709, Estados Unidos
$130,000,000
$375,722/SF
Building Size
346 SF
Asset Type
MultiFamily
Closing
Oct 18, 2020
About this deal
AI
The multifamily property located at 15101 Fairfield Ranch Rd. in Chino Hills was recently sold for a price of $130,000,000. The property consists of 346 units, resulting in a per unit price of $375,722. This transaction was facilitated by Margie Malloy from Berkadia, representing the buyer, Advanced Real Estate Services Inc.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $130,000,000
- Address: 15101 Fairfield Ranch Rd.
- Market: Chino Hills
- Units: 346
- Price Per Unit: $375,722
Margie Malloy from Berkadia played a crucial role as the broker representing Advanced Real Estate Services Inc. in this transaction. Their expertise and negotiation skills contributed to the successful completion of the deal.
On the Map
$130,000,000
$375,722/SF
MultiFamily
View full map
Players
Chino Hills MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Visit Berkadia to view all their deals.
Browse California multifamily sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.12%
Cash-on-Cash
-0.03%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93