Kevin Darcy Acquires Multifamily Property At 303 West Harrison Avenue From Meggan McCarthy For $1.935M
SOLD
$1,935,000
California
See Similar DealsMultiFamily3,228 SF
Sold 12/15/2025
SOLD
Kevin Darcy Acquires Multifamily Property At 303 West Harrison Avenue From Meggan McCarthy For $1.935M
303 West Harrison Avenue
See Similar DealsMultiFamily3,228 SF
Sold 12/15/2025
Summary
CALIFORNIA
Asset Type:MultiFamily
Price Per Square Foot:$599
Total Square Footage:3,228 SF
Transaction Type:Sale
The asset involved in this transaction is a multifamily property located at 303 West Harrison Avenue in the Ventura market. This property was sold for $1,935,000, encompassing a total of 3,228 square feet and consisting of 8 units. The price per unit stands at $241,875, while the price per square foot is $599.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,935,000
- Units: 8
- Square Footage: 3,228
- Price Per Unit: $241,875
- Price Per Square Foot: $599
- Buyer: Kevin Darcy
- Seller: Meggan McCarthy
- Broker Representatives: Zac Freehling & Tyler Farrar - Pacific Partners Real Estate Investments - KW Beverly Hills
The transaction involved key individuals including buyer Kevin Darcy and seller Meggan McCarthy, facilitated by brokers Zac Freehling and Tyler Farrar, who represent Pacific Partners Real Estate Investments and KW Beverly Hills respectively in this deal.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$103,200.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$6,874.65
Cash-on-Cash Return-1.27%
Monthly Debt Service$9,172.89
Annual Debt Service$110,074.65
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