Updated Dec 19, 2023
William M Raymond Acquires Covina Multifamily From Maria A De Angelo For $3.6M
265 East Navilla Place, Covina, California 91723, United States
$3,600,000
$312/SF
Building Size
11,536 SF
Asset Type
MultiFamily
Closing
May 12, 2022
About this deal
AI
The multifamily property located at 265 E Navilla Pl in Covina, CA has been sold for a total price of $3,600,000. The property spans a total area of 11,536 square feet, resulting in a price per square foot of $312.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $3,600,000
- Address: 265 E Navilla Pl, Covina, CA
- Market: Covina, CA
- Buyer: William M Raymond
- Seller: Maria A De Angelo
- Total Square Footage: 11,536
- Price per Square Foot: $312
William M Raymond was the buyer in this transaction, while Maria A De Angelo acted as the seller. Both parties were represented by their respective brokers during the deal.
Players
Covina 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
4.41%
Cash-on-Cash
-1.26%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93