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2045 South State College Bo...

Chapman University Acquires Multifamily Property In Anaheim For $160M
SOLDMultiFamily

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

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.

Players

CU
Chapman UniversityBuyer

Anaheim MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

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