Mogharebi Group Brokers Acquire Multifamily Property In Bellflower For $11.16M
15147 Woodruff Place, Bellflower, CA 90706
$11,160,000
$376/SF
Building Size
29,625 SF
Asset Type
MultiFamily
Closing
Sep 10, 2021
AI
A multifamily property located at 15147 Woodruff Place in Bellflower has been sold for a total price of $11,160,000. The property consists of 33 units, resulting in a price per unit of $338,181. The total square footage of the property is 29,625, translating to a price per square foot of $376.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $11,160,000
- Units: 33
- Price per Unit: $338,181
- Square Footage: 29,625
- Price per Square Foot: $376
- Market: Bellflower
The sale of this multifamily property was facilitated by Brett Bayless & Keon Truth of the Mogharebi Group.
Players
Bellflower 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
1.42%
Cash-on-Cash
-0.41%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93