facebook
Traded Co logo
Submit

David Hussain Purchases Multifamily Asset At 2488 10th Street In Sanger For $4.35M

Property Image
SOLD
$4,350,000
Dustin Ilic
Blake Blackburn

California

See Similar Deals
MultiFamily38,880 SF
Sold 08/08/2024
the dealplayerscompscontact
Property Image
SOLD

David Hussain Purchases Multifamily Asset At 2488 10th Street In Sanger For $4.35M

2488 10th Street

See Similar Deals
MultiFamily38,880 SF
Sold 08/08/2024
Dustin Ilic
Blake Blackburn
the dealplayerscompscontact
Contact now

Summary

CALIFORNIA
Asset Type:MultiFamily
Price Per Square Foot:$111
Total Square Footage:38,880 SF
Transaction Type:Sale

The multifamily property located at 2488 10th Street in Sanger has been sold for $4,350,000. This property includes 29 units and has a total square footage of 38,880, resulting in a price per unit of $150,000 and a price per square foot of $111.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $4,350,000
  • Address: 2488 10th Street
  • Market: Sanger
  • Units: 29
  • Square Footage: 38,880
  • Price Per Unit: $150,000
  • Price Per Square Foot: $111
  • Buyer: David Hussain
  • Seller: Ram Saroay
  • Brokers: Blake Blackburn & Dustin Ilic - Visintainer Group

This transaction involved David Hussain as the buyer and Ram Saroay as the seller, with representation from Blake Blackburn and Dustin Ilic of Visintainer Group. Their role facilitated the successful completion of this sale in the multifamily market.

Players

Dustin Ilic
Visintainer Group
Dustin Ilic
1 deal$4.4M volume(559) 999-9829
BROKER
Blake Blackburn
Visintainer Group
Blake Blackburn
1 deal$4.4M volume(559) 669-3686
BROKER

Details

SOLD
IMAGE: Blake Blackburn & Dustin Ilic DATE: 08/08/2024 ADDRESS: 2488 10th Street MARKET: Sanger ASSET TYPE: Multifamily BUYER: David Hussain SELLER: Ram Saroay BROKERS: Blake Blackburn (@Blake_Burn) & Dustin Ilic - Visintainer Group SALE PRICE: $4,350,000 UNITS: 29 ~ PPU: $150,000 SF: 38,880 ~ PPSF: $111

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$232,000.01

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$15,454.62
Cash-on-Cash Return-1.27%
Monthly Debt Service$20,621.22
Annual Debt Service$247,454.63