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

/

15101 Fairfield Ranch Rd, C...

Advanced Real Estate Services Inc. Acquires Multifamily Property In Chino Hills For $130M
SOLDMultiFamily

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

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.

Players

Margie Molloy

Berkadia

Broker

$130M

vol

1 deal

Broker
AS
Advanced Real Estate ServicesBuyer

Chino Hills 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

0.12%

Cash-on-Cash

-0.03%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93