Montgomery Partners Sells 6.3 Acres Multifamily Property In Santa Ana For $27M
SOLD
$27,000,000
California
See Similar DealsMultiFamily
Sold 07/20/2022
SOLD
Montgomery Partners Sells 6.3 Acres Multifamily Property In Santa Ana For $27M
1920 Sherry Lane, Santa Ana, California 92705, United States
See Similar DealsMultiFamily
Sold 07/20/2022
Summary
CALIFORNIA
Asset Type:MultiFamily
Transaction Type:Sale
The multifamily property located at 1920 Sherry Lane in Santa Ana has been sold for a price of $27,000,000. The property spans across 6.3 acres and is situated in a desirable market.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $27,000,000
- Address: 1920 Sherry Lane
- Market: Santa Ana
- Acres: 6.3
The sale of the property was facilitated by Montgomery Partners, represented by Shane Shafer and Bryan Schellinger from Northmarq. They played a crucial role in ensuring a successful transaction.
Players
SELLER
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Top Markets for Multifamily Investment ReportFall 2025
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$1,440,000.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$95,925.30
Cash-on-Cash Return-1.27%
Monthly Debt Service$127,993.77
Annual Debt Service$1,535,925.30
Is there something missing? Send suggestions