Mogharebi Group Sells Multifamily Property In Fullerton For $44.4M
2000 Oxford Ave, Fullerton, CA, USA
$44,400,000
$452/SF
Building Size
98,028 SF
Asset Type
MultiFamily
Closing
Mar 19, 2021
AI
Located at 2000 Oxford Ave in Fullerton, this multifamily property has recently been sold in a transaction handled by the Mogharebi Group. The property consists of 100 units, with each unit priced at $440,000, resulting in a total sale price of $44,400,000.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $44,400,000
- Units: 100
- Price Per Unit: $440,000
The sale of this property was facilitated by Mike Marcu and Otto Ozen from the Mogharebi Group. Their expertise and representation played a crucial role in the successful completion of the deal.
Players
Fullerton 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
0.36%
Cash-on-Cash
-0.10%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93