Updated Dec 19, 2023
Rony Joseph & Reena Joseph Acquire Concord Apartment For $5.3M
2415 Olivera Road, Concord, California 94520, United States
$5,300,000
$331/SF
Building Size
16,000 SF
Asset Type
MultiFamily
Closing
Jan 31, 2022
About this deal
AI
An apartment located at 2415 Olivera Rd in Concord, CA was recently sold for a price of $5,300,000. The property spans over 16,000 square feet, resulting in a price per square foot of $331.
Summary of transaction details
- Property Type: Apartment
- Transaction Amount: $5,300,000
- Address: 2415 Olivera Rd
- Market: Concord, CA
- Square Footage: 16,000
- Price per Square Foot: $331
The buyers of this apartment were Rony Joseph and Reena Joseph, while the seller was Don Sabin.
The multifamily sale at 2415 Olivera Road, Concord, California 94520, United States in Concord, California sold for $5.3M in 2022. The building is 16,000 square feet, implying about 331 per square foot on the published price. This page is the Concord, California file for the 2415 Olivera Road, Concord, California 94520, United States multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Concord sit in the Market section below. Filter that Concord multifamily set by closing date to see what else sold near 2415 Olivera Road, Concord, California 94520, United States around 2022. Published consideration for 2415 Olivera Road, Concord, California 94520, United States is $5.3M, dated 2022. Cite this Rony Joseph & Reena Joseph Acquire Concord Apartment For $5.3M sale when underwriting similar multifamily product around Concord, California.
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Concord 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
2.99%
Cash-on-Cash
-0.86%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93