Updated Dec 21, 2023
Tom & Terri Nguyen Acquire Multifamily Property In Anaheim For $19.25M
2950 Lynrose Drive, Anaheim, CA, USA
$19,250,000
$253/SF
Building Size
75,938 SF
Asset Type
MultiFamily
Closing
Nov 17, 2020
About this deal
AI
The multifamily property located at 2950 Lynrose Drive in Anaheim was recently sold in a transaction on November 18, 2020. The property spans 75,938 square feet and is situated in the Anaheim market. The sale price for this asset was $19,250,000, resulting in a price per square foot of $253. The buyers of this property were Tom & Terri Nguyen, while Frances Smith acted as the seller.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $19,250,000
- Address: 2950 Lynrose Drive
- Market: Anaheim
The transaction was facilitated by the brokers Katrina Heyne and Dan Blackwell, representing the buyers and sellers respectively. Their agencies are @KatrinaHeyne and @MultifamilySocal.
Players
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
0.82%
Cash-on-Cash
-0.24%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93