Updated Dec 21, 2023
Jan C Gabus & Jan C Gabus Acquires Multifamily Property In Palo Alto, CA For $3.75M
243 Webster Street, Palo Alto, California 94301, United States
$3,750,000
$1,957/SF
Building Size
1,916 SF
Asset Type
MultiFamily
Closing
Sep 6, 2022
About this deal
AI
The multifamily property located at 243 Webster St in Palo Alto, CA has been sold for $3,750,000. The property spans a total square footage of 1,916, resulting in a price per square foot of $1,957.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $3,750,000
- Address: 243 Webster St, Palo Alto, CA
- Market: Palo Alto, CA
The buyer of the property is Jan C Gabus & Jan C Gabus, while the seller is Scott A Vanderlip & Taylor P Vanderlip.
Players
Palo Alto 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
4.23%
Cash-on-Cash
-1.21%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93