Updated Jan 31, 2025
R&V Management Acquires MultiFamily Asset In El Cajon For $158 Million With Broker Derrek Ostrzyzek
2450 Hilton Head Pl
$158,000,000
Building Size
—
Asset Type
MultiFamily
Closing
Feb 1, 2016
About this deal
AI
The property asset involved in this transaction is a MultiFamily asset located at 2450 Hilton Head Pl, El Cajon. The sale was finalized for a total price of $158,000,000.00.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $158,000,000.00
- Address: 2450 Hilton Head Pl
- Market: El Cajon
- Buyer: R&V Management
- Broker: Derrek Ostrzyzek, CBRE
Key individuals in the transaction include the buyer, R&V Management, and the broker representing the property, Derrek Ostrzyzek from CBRE. This transaction reflects the efforts of these parties in the acquisition of the property within the specified market area.
Players
El Cajon MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Browse El Cajon multifamily sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.10%
Cash-on-Cash
-0.03%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93