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Vi Lee Acquires Multifamily Property In Anaheim From Mel Nicole For $2.35M With Broker Nick Hayner

Property Image
SOLD
$2,354,888

California

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MultiFamily6,773 SF
Sold 09/16/2025
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Property Image
SOLD

Vi Lee Acquires Multifamily Property In Anaheim From Mel Nicole For $2.35M With Broker Nick Hayner

2650 Park Lane

See Similar Deals
MultiFamily6,773 SF
Sold 09/16/2025
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Summary

CALIFORNIA
Asset Type:MultiFamily
Price Per Square Foot:$347
Total Square Footage:6,773 SF
Transaction Type:Sale

The multifamily property located at 2650 Park Lane in Anaheim has been sold for $2,354,888. The asset spans 6,773 square feet, resulting in a price per square foot of $347.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $2,354,888
  • Buyer: Vi Lee
  • Seller: Mel Nicole
  • Broker: Nick Hayner - Maywood Property Group
  • Sale Date: 09/16/2025
  • Note from Broker: Successfully helped a distressed seller avoid default with a quick sale. Negotiated a 7-year, interest-only seller carryback at a favorable rate to offset losses. Second time I’ve sold this property.
  • Buyer's Broker: Andy Yan Kit Chan

This transaction highlights the involvement of Nick Hayner from Maywood Property Group, who played a crucial role in negotiating terms that benefited the seller amid a challenging situation. Andy Yan Kit Chan represented the buyer, emphasizing the collaborative effort behind closing this multifamily deal.

Players

Nick Hayner
21 deals$110.4M volume(310) 994-9158
BROKER

Details

SOLD
IMAGE: Nick Hayner DATE: 09/16/2025 ADDRESS: 2650 Park Lane MARKET: Anaheim ASSET TYPE: Multifamily BUYER: Vi Lee SELLER: Mel Nicole BROKER: Nick Hayner - Maywood Property Group SALE PRICE: $2,354,888 SF: 6,773 ~ PPSF: $347 NOTE FROM BROKER: Successfully helped a distressed seller avoid default with a quick sale. Negotiated a 7-year, interest-only seller carryback at a favorable rate to offset losses. Second time I’ve sold this property. Buyer's broker was Andy Yan Kit Chan. Anyone reading this would be lucky to work with such an upstanding and talented broker.

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

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Cash Flow (Annual)-$8,366.42
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