Updated Jan 30, 2024
Gloria Castillo, Monique Sandoval & Jose Sandoval Acquire Multifamily In San Jose, CA For $6.1M
2809 Cicero Way, San Jose, California 95148, United States
$6,172,022
$2,381/SF
Building Size
2,592 SF
Asset Type
MultiFamily
Closing
Jun 16, 2022
About this deal
AI
The multifamily property located at 2809 Cicero Way in San Jose, CA has been sold. The transaction took place on June 17, 2022. The property spans a total area of 2,592 square feet. The price of the property was $6,172,022, resulting in a price per square foot of $2,381.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $6,172,022
- Address: 2809 Cicero Way, San Jose, CA
- Market: San Jose, CA
The buyers of the property were Gloria Castillo, Monique Sandoval, and Jose Sandoval. On the other hand, the sellers were David V Jimenez, Beverly D Walker, and Joanne M Jimenez. No additional information about the individuals or companies involved in the transaction was provided.
Players
San Jose 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
2.57%
Cash-on-Cash
-0.73%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93