Updated Sep 4, 2026
1600 Standiford Avenue Multifamily Sold For $26.6M With Brian Nakamura Nazli Santana Otto Ozen As Brokers
1600 Standiford Avenue
$26,600,000
$333/SF
Building Size
79,850 SF
Asset Type
MultiFamily
Closing
Sep 1, 2026
About this deal
AI
The asset involved in this transaction is a multifamily property located at 1600 Standiford Avenue in Modesto. The sale price for this asset was $26,600,000, comprising 100 units. The total square footage of the property is 79,850, resulting in a price per unit of $266,000 and a price per square foot of $333.
Summary of transation details:
- Property Type: Multifamily
- Transaction Amount: $26,600,000
- Address: 1600 Standiford Avenue
- Market: Modesto
- Units: 100
- Square Footage: 79,850
- Price Per Unit: $266,000
- Price Per Square Foot: $333
The deal was brokered by Brian Nakamura, Nazli Santana, and Otto Ozen from The Mogharebi Group, who represented the parties involved in this transaction.
Players
Modesto MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Visit Nazli Santana to view all their deals.
Browse Modesto multifamily sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.60%
Cash-on-Cash
-0.17%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93