Chris Henry Acquires Multifamily Property In Beverly Hills For $7.05M
301 North Rexford Drive
$7,050,000
$503/SF
Building Size
14,000 SF
Asset Type
MultiFamily
Closing
Mar 13, 2023
AI
The multifamily property located at 301 North Rexford Drive in Beverly Hills has been sold in a closed transaction. The property consists of 7 units with a total square footage of 14,000. The sale price for this transaction was $7,050,000, resulting in an average price per unit of $1,007,143 and a price per square foot of $504.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $7,050,000
- Address: 301 North Rexford Drive, Beverly Hills
- Market: Beverly Hills
The buyer of this multifamily property is Chris Henry, while the seller is Jeff Harris. The transaction was brokered by Alex Galuz from Keller Williams.
Players
Market 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
2.25%
Cash-on-Cash
-0.64%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93