Updated Oct 28, 2024
Sausalito Evergreen SPE, LLC Acquires Multifamily In Sausalito For $20M
215 Main Street, Sausalito, California 94965, United States
$20,000,000
Units
40
Asset Type
MultiFamily
Closing
Sep 15, 2022
About this deal
AI
The multifamily property located at 215 Main St in Sausalito has been sold for a total price of $20,000,000. The transaction took place on September 16, 2022. The property consists of 40 units, resulting in an average price per unit of $500,000.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $20,000,000
- Address: 215 Main St
- Market: Sausalito
- Buyer: Sausalito Evergreen SPE, LLC
- Seller: Tottenham Investments
- Units: 40
- Price per Unit: $500,000
The buyer in this transaction is represented by Sausalito Evergreen SPE, LLC, and the seller is Tottenham Investments.
Players
Sausalito MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Browse California multifamily sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.79%
Cash-on-Cash
-0.23%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93