Updated Oct 28, 2024
Integrity Housing & Ascenda Capital Acquires Multifamily Property In Bay Area For $31.6M
1818 Laguna Street, Concord, California 94520, United States
$31,600,000
Units
102
Asset Type
MultiFamily
Closing
Mar 30, 2022
About this deal
AI
Located in the Bay Area, the multifamily property at 1818, 1819, and 1850 Laguna Street has been sold in a recent transaction. The deal was finalized on March 31, 2022.
Summary of transaction details:
- Property Type: Multifamily
- Sale Price: $31,600,000
- Units: 102
- Price Per Unit (PPU): $309,803
- Market: Bay Area
The buyer of this property is a partnership between Integrity Housing and Ascenda Capital. Phil Wood and Matt Avital are the representatives involved in the deal.
The multifamily sale at 1818 Laguna Street, Concord, California 94520, United States in Concord, California sold for $31.6M in 2022. Reported inventory is 102 units across 102 units. This page is the Concord, California file for the 1818 Laguna Street, Concord, California 94520, United States multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Concord sit in the Market section below. Filter that Concord multifamily set by closing date to see what else sold near 1818 Laguna Street, Concord, California 94520, United States around 2022. Published consideration for 1818 Laguna Street, Concord, California 94520, United States is $31.6M, dated 2022. Cite this Integrity Housing & Ascenda Capital Acquires Multifamily Property In Bay Area For $31.6M sale when underwriting similar multifamily product around Concord, California.
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Concord 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
0.50%
Cash-on-Cash
-0.14%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93