Updated Jan 31, 2025
Intercontinental Real Estate Corporation And TruAmerica Multifamily Acquire Woodland Hills MultiFamily For $163M
21021 W Erwin St
$163,000,000
Building Size
—
Asset Type
MultiFamily
Closing
Dec 1, 2015
About this deal
AI
The asset involved in this transaction is a MultiFamily property located at 21021 W Erwin St in the Woodland Hills market. The transaction was completed for a total amount of $163,000,000.00.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $163,000,000.00
- Address: 21021 W Erwin St
- Market: Woodland Hills
- Broker: Derrek Ostrzyzek, CBRE
- Buyer: Intercontinental Real Estate Corporation and TruAmerica Multifamily, Inc.
Derrek Ostrzyzek from CBRE represented the transaction in collaboration with the buyers, Intercontinental Real Estate Corporation and TruAmerica Multifamily, Inc., facilitating the transfer of the property.
On the Map
$163,000,000
MultiFamily
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Players
Woodland Hills 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