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167 Villa Avenue, Los Gatos...

Updated Dec 21, 2023

Andrew Marchese Et Al. Acquire Multifamily Property On Villa Ave In Los Gatos, CA
SOLDMultiFamily

Andrew Marchese Et Al. Acquire Multifamily Property On Villa Ave In Los Gatos, CA

167 Villa Avenue, Los Gatos, California 95030, United States

$6,500,000

$1,074/SF

Building Size

6,048 SF

Asset Type

MultiFamily

Closing

Jul 18, 2022

About this deal

AI

The multifamily property located at 167 Villa Ave in Los Gatos, CA was sold for a total price of $6,500,000. The property spans across 6,048 square feet, resulting in a price per square foot of $1,074. The transaction took place on July 19, 2022.

Summary of transation details

  • Property Type: Multifamily
  • Transaction Amount: $6,500,000

The buyers of the property were Andrew Marchese, Elise Marchese Vaughn, Paulina Marchese, Lisa Marchese, Christopher Marchese Jr, Christopher J Marchese III, Chris J Marchese, and Mary Marchese. They were represented by their broker, Halina Tuzar.

Players

Elise Marchese Vaughn

Buyer

$12.7M

vol

2 deals

Buyer

Los Gatos MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $1.1K per square foot on a published $6.5M for 6,048 square feet (2022).

Visit Elise Marchese Vaughn to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.44%

Cash-on-Cash

-0.70%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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