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2000 Oxford Ave, Fullerton,...

Mogharebi Group Sells Multifamily Property In Fullerton For $44.4M
SOLDMultiFamily

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

Otto Ozen

The Mogharebi Group

Broker

$670.7M

vol

24 deals

Broker

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