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1660 West Broadway, Anaheim...

Jonathan Rose Companies Acquires 180-Unit Multifamily Property In Anaheim For $41.25M
SOLDMultiFamily

Jonathan Rose Companies Acquires 180-Unit Multifamily Property In Anaheim For $41.25M

1660 West Broadway, Anaheim, California 92802, United States

$41,250,000

Building Size

Asset Type

MultiFamily

Closing

Jul 6, 2022

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.

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