Updated Oct 28, 2024
KS Partners Acquires Sonoma Multifamily Property For $1.35M
17700 Sonoma Highway, Sonoma, California 95476, United States
$1,350,000
$281/SF
Building Size
4,798 SF
Asset Type
MultiFamily
Closing
Apr 4, 2022
About this deal
AI
Located at 17700 CA-12 in Sonoma, this multifamily property was recently sold in a transaction on April 5, 2022. The property consists of 8 units with a total square footage of 4,798. The sale price for this property was $1,350,000, resulting in a price per unit of $168,750 and a price per square foot of $281.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $1,350,000
- Units: 8
- Price per Unit: $168,750
- Square Footage: 4,798
- Price per Square Foot: $281
The buyer of the property was KS Partners, while the seller was Brian Ramocinski. Representing the buyer was Jeff Lokey from Compass Commercial, and representing the seller were Alex Barreiro and David Cohen from The Cohen Company and Sync Brokerage Commercial, respectively.
On the Map
$1,350,000
$281/SF
MultiFamily
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Players
Sonoma 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
11.75%
Cash-on-Cash
-3.36%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93