Updated Dec 4, 2024
Santa Ana Luxury Apartments Sold For $36.6M To Single Buyer
215 East 15th Street & 510 Mortimer Street
$36,600,000
Units
132
Asset Type
MultiFamily
Closing
Jan 12, 2024
About this deal
AI
Summary of transaction details
- Property Type: MultiFamily
- Transaction Amount: $36,600,000
- Units: 132
- Price per Unit: $277,273
The multifamily sale at 215 East 15th Street in Santa Ana, California sold for $36.6M in 2024. Reported inventory is 132 units across 132 units. Arthur Porosoff, Marcus & Millichap appear on the sale alongside Marcus & Millichap. This page is the Santa Ana, California file for the 215 East 15th Street multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Santa Ana sit in the Market section below. Filter that Santa Ana multifamily set by closing date to see what else sold near 215 East 15th Street around 2024. Published consideration for 215 East 15th Street is $36.6M, dated 2024. Cite this Santa Ana Luxury Apartments Sold For $36.6M To Single Buyer sale when underwriting similar multifamily product around Santa Ana, California.
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