Vi Lee Acquires Multifamily Property In Anaheim From Mel Nicole For $2.35M With Broker Nick Hayner
2650 Park Lane
$2,354,888
$347/SF
Building Size
6,773 SF
Asset Type
MultiFamily
Closing
Sep 16, 2025
AI
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.
Anaheim 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
6.74%
Cash-on-Cash
-1.93%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93