Updated Oct 28, 2024
Jonathan Rose Companies Acquires 180-Unit Multifamily Property In Anaheim For $41.25M
1660 West Broadway, Anaheim, California 92802, United States
$41,250,000
Units
180
Asset Type
MultiFamily
Closing
Jul 6, 2022
About this deal
AI
Jonathan Rose Companies has acquired a multifamily property located at 1660 West Broadway in Anaheim. The property consists of 180 units, with a sale price of $41,250,000. This translates to an average price per unit of $229,166.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $41,250,000
- Address: 1660 West Broadway
- Market: Anaheim
The buyer in this transaction, Jonathan Rose Companies, successfully completed the purchase of the property in Anaheim. This transaction highlights their commitment to investing in multifamily assets in the market.
On the Map
$41,250,000
MultiFamily
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Players
Anaheim 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
0.38%
Cash-on-Cash
-0.11%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93