Updated Dec 20, 2023
Anjela Ponce Acquires Apartment Portfolio In Concord, CA For $31.6M
1819 Laguna Street, Concord, California 94520, United States
$31,580,000
$390/SF
Building Size
80,862 SF
Asset Type
MultiFamily
Closing
Mar 29, 2022
About this deal
AI
An apartment complex located at 1819 Laguna St, 1818 Laguna St, and 1850 Laguna St in Concord, CA has been sold in a recent transaction. The property spans a total of 80,862 square feet and was sold for a price of $31,580,000, resulting in a price per square foot of $390.
Summary of transaction details
- Property Type: Apartment
- Transaction Amount: $31,580,000
- Square Footage: 80,862
- Price per Square Foot: $390
- Address: 1819 Laguna St, 1818 Laguna St, and 1850 Laguna St, Concord, CA
- Market: Concord, CA
The buyer of the property is Anjela Ponce, while the seller is William Ruder.
Players
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