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1781 South Campton Avenue, ...

Waterford Property Company Acquires Multifamily Asset In Anaheim For $160M
SOLDMultiFamily

Waterford Property Company Acquires Multifamily Asset In Anaheim For $160M

1781 South Campton Avenue, Anaheim, CA, USA

$160,000,000

$213,333/SF

Building Size

750 SF

Asset Type

MultiFamily

Closing

Feb 28, 2021

AI

1781 South Campton Avenue in Anaheim has been sold for $160,000,000 in a recent multifamily property transaction. The property consists of 400 units, with an average price per unit of $400,000.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $160,000,000
  • Address: 1781 South Campton Avenue, Anaheim
  • Market: Anaheim

John Drachman, Sean Rawson, Phil Christian, and Yashaar Amin of Waterford Property Company and California Statewide Communities Development Authority have purchased the property from Brad Taylor, Chris Clayton, Payton Mayes, and Julie Hunt of JPI.

Players

J
JPISeller
J
JPISeller

Payton Mayes

JPI

Seller

$443.9M

vol

6 deals

Seller
J
JPISeller

Anaheim MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.10%

Cash-on-Cash

-0.03%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93