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3040 North Oxnard Boulevard...

Champion Real Estate Sells Oxnard And Los Feliz Multifamily Properties For $103M
SOLDMultiFamily

Champion Real Estate Sells Oxnard And Los Feliz Multifamily Properties For $103M

3040 North Oxnard Boulevard, Oxnard, California 93036, United States

$103,100,000

Building Size

Asset Type

MultiFamily

Closing

Jul 31, 2022

AI

A multifamily property located at 3040 North Oxnard Boulevard in Oxnard and 5200 Franklin Avenue in Los Feliz has been sold in a recent transaction. The property, consisting of multiple residential units, was part of a closed sale deal.

Summary of transation details

  • Property Type: Multifamily
  • Transaction Amount: $103,100,000

The seller in this deal was Champion Real Estate, specifically represented by Parker Champion. The transaction took place on 08/01/2022. The property, situated in the Oxnard and Los Feliz markets, was sold for a significant amount of $103,100,000.

Players

Adrienne Barr

Berkadia

Broker

$411.9M

vol

12 deals

Broker

Parker Champion

Seller

$133.6M

vol

3 deals

Seller
CC
Champion Real Estate CoSeller

Oxnard MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.15%

Cash-on-Cash

-0.04%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93