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1513 Brookvale Drive, San J...

Updated Dec 21, 2023

Paul Kang Acquires Multifamily Property In San Jose For $4.5M
SOLDMultiFamily

Paul Kang Acquires Multifamily Property In San Jose For $4.5M

1513 Brookvale Drive, San Jose, California 95129, United States

$4,475,000

$1,042/SF

Building Size

4,292 SF

Asset Type

MultiFamily

Closing

Jan 24, 2022

About this deal

AI

The multifamily property located at 1513 Brookvale Dr in San Jose, CA has been sold. The property spans a total of 4,292 square feet. The transaction took place on January 25, 2022, with a sale price of $4,475,000. This translates to a price per square foot of $1,042.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $4,475,000
  • Address: 1513 Brookvale Dr, San Jose, CA
  • Market: San Jose, CA
  • Square Footage: 4,292
  • Price per Square Foot: $1,042

Paul Kang acted as the buyer in this transaction, while Jonathan Peck served as the seller.

On the Map

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$4,475,000

$1,042/SF

MultiFamily

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Players

Paul Kang

Buyer

$14.1M

vol

2 deals

Buyer
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San Jose MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $1K per square foot on a published $4.5M for 4,292 square feet (2022).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

3.54%

Cash-on-Cash

-1.01%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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