SOLDMultiFamily
Santa Ana Luxury Apartments Sold For $36.6M To Single Buyer
215 East 15th Street & 510 Mortimer Street
$36,600,000
Building Size
—
Asset Type
MultiFamily
Closing
Jan 12, 2024
AI
Summary of transaction details
- Property Type: MultiFamily
- Transaction Amount: $36,600,000
- Units: 132
- Price per Unit: $277,273
Santa Ana 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
0.43%
Cash-on-Cash
-0.12%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93