Updated Mar 3, 2025
Zac Freehling Acquires Multifamily Property On N. Kalorama St. In Ventura For $2.35M
177 North Kalorama Street, Ventura, California 93001, United States
$2,350,000
$460/SF
Building Size
5,104 SF
Asset Type
MultiFamily
Closing
Mar 31, 2022
About this deal
AI
The multifamily property located at 177 N. Kalorama St. in Ventura has been sold. The transaction took place on 04/01/2022 and the property was purchased for a total of $2,350,000. This property consists of 4 units with a total square footage of 5,104. The price per unit is $587,500, and the price per square foot is $460. The buyer of the property is Zac Freehling, while the seller is Kevin Paffrath.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $2,350,000
- Units: 4
- Price per Unit: $587,500
- Square Footage: 5,104
- Price per Square Foot: $460
- Market: Ventura
Acting as the broker for this transaction is Kaitlin Miller from Pacific Partners Los Angeles. The involvement of this reputable broker highlights the significance of the deal and the expertise brought to the negotiation process.
Players
Ventura MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Visit Kaitlin Miller to view all their deals.
Browse California multifamily sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
6.75%
Cash-on-Cash
-1.93%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93