Hang Zhang Acquires Multifamily Property In Rosamond For $1.58M
2841 B Street, Rosamond, CA, USA
$1,580,000
$208/SF
Building Size
7,584 SF
Asset Type
MultiFamily
Closing
Jun 23, 2020
AI
A multifamily property located at 2841 B Street in Rosamond was recently sold in a transaction on June 23, 2021. The property consists of 17 units and was sold for $1,580,000, which translates to an average price per unit of $92,941. The buyer of the property was Hang Zhang, while the seller was Paul Villasenor.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,580,000
- Address: 2841 B Street, Rosamond
- Market: Rosamond
Vic Arutyunyan represented the buyer, Hang Zhang, in this transaction. Meanwhile, Eric Cussimonio represented the seller, Paul Villasenor.
Players
Rosamond 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
10.04%
Cash-on-Cash
-2.87%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93