facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

California

/

Multifamily

/

Sale

/

216 Mountain View Avenue, M...

Updated Dec 21, 2023

Kanan S Rau & Sheshagiri V Rau Acquire Multifamily Property In Mountain View, CA For $6.1M
SOLDMultiFamily

Kanan S Rau & Sheshagiri V Rau Acquire Multifamily Property In Mountain View, CA For $6.1M

216 Mountain View Avenue, Mountain View, California 94041, United States

$6,172,022

$1,228/SF

Building Size

5,025 SF

Asset Type

MultiFamily

Closing

Jun 16, 2022

About this deal

AI

The multifamily property located at 216 Mountain View Ave in Mountain View, CA, has been sold in a recent transaction. The property spans across 5,025 square feet and was sold for a price of $6,172,022, resulting in a price per square foot of $1,228.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $6,172,022
  • Address: 216 Mountain View Ave, Mountain View, CA
  • Market: Mountain View, CA
  • Buyer: Kanan S Rau & Sheshagiri V Rau
  • Seller: Zachary C Segal, Emily C Shao & Shao Segal
  • Square Footage: 5,025
  • Price per Square Foot: $1,228

The buyers of the property are Kanan S Rau and Sheshagiri V Rau. On the other hand, the sellers are Zachary C Segal, Emily C Shao, and Shao Segal. These individuals played crucial roles in the transaction, with the buyers acquiring the property and the sellers relinquishing their ownership.

Players

Mountain View MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Deal FAQ

About $1.2K per square foot on a published $6.2M for 5,025 square feet (2022).

Browse California multifamily sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.57%

Cash-on-Cash

-0.73%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

More Deals

Nearby Markets