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1646 Davis Street, San Jose...

Updated Dec 18, 2023

Yuhui Zhu & Peng Cao Acquire Multifamily Property On Davis St In San Jose For $5.8M
SOLDMultiFamily

Yuhui Zhu & Peng Cao Acquire Multifamily Property On Davis St In San Jose For $5.8M

1646 Davis Street, San Jose, California 95126, United States

$5,800,000

$447/SF

Building Size

12,956 SF

Asset Type

MultiFamily

Closing

Dec 14, 2021

About this deal

AI

The multifamily property located at 1646 Davis St in San Jose, CA has been sold. The property spans 12,956 square feet and was sold for a price of $5,800,000, resulting in a price per square foot of $448.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $5,800,000

The buyers of the property are Yuhui Zhu and Peng Cao, while the sellers are Dougald F Barthelmess and Kimberley C Difrancesco.

The multifamily sale at 1646 Davis Street, San Jose, California 95126, United States in San Jose, California sold for $5.8M in 2021. The building is 12,956 square feet, implying about 447 per square foot on the published price. This page is the San Jose, California file for the 1646 Davis Street, San Jose, California 95126, United States multifamily sold: pricing, party profiles, and other closed multifamily comps from the same San Jose sit in the Market section below. Filter that San Jose multifamily set by closing date to see what else sold near 1646 Davis Street, San Jose, California 95126, United States around 2021. Published consideration for 1646 Davis Street, San Jose, California 95126, United States is $5.8M, dated 2021. Cite this Yuhui Zhu & Peng Cao Acquire Multifamily Property On Davis St In San Jose For $5.8M sale when underwriting similar multifamily product around San Jose, California.

Players

San Jose MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $447 per square foot on a published $5.8M for 12,956 square feet (2021).

Browse California multifamily sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.73%

Cash-on-Cash

-0.78%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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