Martin Zamora Acquires Fillmore Multifamily From Aman Gupta At $845,000
255 Sespe Avenue
$845,000
$313/SF
Building Size
2,700 SF
Asset Type
MultiFamily
Closing
Nov 16, 2023
AI
Located at 255 Sespe Avenue in Fillmore, this multifamily property was recently sold for $845,000. The property consists of three units, offering a price per unit of $281,667. Spanning across 2,700 square feet, the property has a price per square foot of $313. The transaction took place on November 16, 2023, and was completed in just 38 days.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $845,000
- Address: 255 Sespe Avenue
- Market: Fillmore
- Buyer: Martin Zamora
- Seller: Aman Gupta
- Seller's Rep: Filip Niculete, Glen Scher, and Logan Ward (Logandub07) - LAAA Team - Marcus & Millichap
- Total Units: 3
- Price per Unit: $281,667
- Square Feet: 2,700
- Price per Square Foot: $313
The LAAA Team from Marcus & Millichap, represented by Filip Niculete, Glen Scher, and Logan Ward (Logandub07), played a crucial role in facilitating this transaction. Their expertise and dedication ensured the smooth completion of the deal, which closed at an impressive 99.4% of the list price. This bite-sized deal in Ventura County showcases the strong demand for multifamily properties in the market.
Players
Fillmore 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
18.77%
Cash-on-Cash
-5.37%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93