Updated Dec 21, 2023
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.
Players
San Jose MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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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