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Zac Freehling Acquires Multifamily Property In Ventura For $2.78M

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SOLD
$2,780,700

California

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MultiFamily11,444 SF
Sold 05/28/2020
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Property Image
SOLD

Zac Freehling Acquires Multifamily Property In Ventura For $2.78M

176-182 W Ramona St, Ventura, CA, USA

See Similar Deals
MultiFamily11,444 SF
Sold 05/28/2020
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Summary

CALIFORNIA
Asset Type:MultiFamily
Price Per Square Foot:$243
Total Square Footage:11,444 SF
Transaction Type:Sale

The multifamily property located at 176-182 W. Ramona St. in Ventura was recently sold for a total price of $2,780,700. The transaction took place on 05/28/2021. The property consists of 12 units, with each unit having a price per unit (PPU) of $232,000. The total square footage of the property is 11,444, resulting in a price per square foot (PPSF) of $243.

Summary of transation details

  • Property Type: Multifamily
  • Transaction Amount: $2,780,700
  • Units: 12
  • Price per Unit: $232,000
  • Square Footage: 11,444
  • Price per Square Foot: $243
  • Market: Ventura

Zac Freehling purchased the property from William C. Roser and Krista McCafferty. The buyer was represented by Herschel Weintraub from Marcus & Millichap. Tyler Bradford from Convoy Capital acted as the mortgage broker in the transaction.

Players

Herschel Weintraub
4 deals$7.8M volume
BROKER

Tyler Bradford
9 deals$180.5M volume
BROKER

Zac Freehling
61 deals$237.5M volume
BUYER

Zac Freehling
61 deals$237.5M volume
BUYER

Details

SOLD
IMAGE: Zac Freehling, Herschel Weintraub & Tyler Bradford DATE: 05/28/2021 ADDRESS: 176-182 W. Ramona St. MARKET: Ventura ASSET TYPE: Multifamily BUYER: Zac Freehling SELLER: William C. Roser & Krista McCafferty BROKER: Herschel Weintraub - Marcus & Millichap MORTGAGE BROKER: Tyler Bradford - Convoy Capital SALE PRICE: $2,780,700 UNITS: 12 ~ PPU: $232,000 SF: 11,444 ~ PPSF: $243

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Debt Service Coverage Ratio (DSCR)

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