Updated Oct 29, 2024
Chapman University Acquires Multifamily Property In Anaheim For $160M
2045 South State College Boulevard, Anaheim, California 92805, United States
$160,000,000
Units
399
Asset Type
MultiFamily
Closing
Apr 17, 2023
About this deal
AI
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.
On the Map
$160,000,000
MultiFamily
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Anaheim 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
0.10%
Cash-on-Cash
-0.03%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93