Chapman University Acquires Multifamily Property In Anaheim For $160M
SOLD
$160,000,000
California
See Similar DealsMultiFamily
SOLD
Chapman University Acquires Multifamily Property In Anaheim For $160M
2045 South State College Boulevard, Anaheim, California 92805, United States
See Similar DealsMultiFamily
Summary
CALIFORNIA
Asset Type:MultiFamily
Transaction Type:Sale
The multifamily property located at 2045 S. State College Boulevard in Anaheim, CA has been sold. The transaction took place on 11/21/2022 for a sale price of $160,000,000. The property consists of 399 units, with each unit priced at $401,002.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $160,000,000
- Address: 2045 S. State College Boulevard, Anaheim, CA
- Market: Anaheim, CA
- Buyer: Chapman University - Daniele Struppa
- Units: 399
- Price per Unit: $401,002
Chapman University, represented by Daniele Struppa, purchased the property. This significant transaction demonstrates Chapman University's investment in the multifamily sector in Anaheim, CA.
Players
BUYER
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
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)
$8,533,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$568,446.22
Cash-on-Cash Return-1.27%
Monthly Debt Service$758,481.63
Annual Debt Service$9,101,779.54
Is there something missing? Send suggestions
