Updated Dec 5, 2024
Harbor Group International Acquires Multifamily Property In Pomona For $46.75M
2261 Valley Boulevard, Pomona, CA, USA
$46,750,000
$63,005/SF
Building Size
742 SF
Asset Type
MultiFamily
Closing
Jun 23, 2021
About this deal
AI
A multifamily property located at 2261 Valley Boulevard in Pomona has been sold for a price of $46,750,000. The property consists of 220 units and was sold at a price per unit of $212,500.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $46,750,000
- Address: 2261 Valley Boulevard
- Market: Pomona
The buyer of this property is Harbor Group International, represented by Jordan Slone. The seller is Positive Investments Inc.
Note: No additional information is available regarding this transaction.
The multifamily sale at 2261 Valley Boulevard, Pomona, CA, USA in Pomona, California sold for $46.8M in 2021. Reported inventory is 742 square feet across 220 units, or about 63K per square foot. Jordan Slone, Positive Investments appear on the sale alongside Positive Investments. This page is the Pomona, California file for the 2261 Valley Boulevard, Pomona, CA, USA multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Pomona sit in the Market section below. Filter that Pomona multifamily set by closing date to see what else sold near 2261 Valley Boulevard, Pomona, CA, USA around 2021. Published consideration for 2261 Valley Boulevard, Pomona, CA, USA is $46.8M, dated 2021. Cite this Harbor Group International Acquires Multifamily Property In Pomona For $46.75M sale when underwriting similar multifamily product around Pomona, California.
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Pomona 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
0.34%
Cash-on-Cash
-0.10%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93