Updated Dec 21, 2023
Angel Tu & Jason Chiasheng Tu Acquire Multifamily Property In Mountain View, CA For $6.2M
256 Pettis Avenue, Mountain View, California 94041, United States
$6,172,022
$2,203/SF
Building Size
2,801 SF
Asset Type
MultiFamily
Closing
Jun 16, 2022
About this deal
AI
The multifamily property located at 256 Pettis Ave in Mountain View, CA has been sold. The transaction took place on June 17, 2022. The property spans a total of 2,801 square feet and was sold for a price of $6,172,022, resulting in a price per square foot of $2,203.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $6,172,022
- Address: 256 Pettis Ave, Mountain View, CA
- Market: Mountain View, CA
- Buyer: Angel Tu & Jason Chiasheng Tu
- Seller: Linda Juana Lam Lee & Victor Alejandro Chu
- Square Footage: 2,801
- Price per Square Foot: $2,203
Angel Tu and Jason Chiasheng Tu are the buyers of the property, while Linda Juana Lam Lee and Victor Alejandro Chu are the sellers. The sale marks a significant transaction in the multifamily market in Mountain View, CA.
Players
Mountain View MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Browse California multifamily sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.57%
Cash-on-Cash
-0.73%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93