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30856 Agoura Road, Agoura H...

Intercontinental Real Estate Corporation Acquires Agoura Hills Multifamily For $87.3M
SOLDMultiFamily

Intercontinental Real Estate Corporation Acquires Agoura Hills Multifamily For $87.3M

30856 Agoura Road, Agoura Hills, California 91301, United States

$87,300,000

Building Size

Asset Type

MultiFamily

Closing

Sep 11, 2022

AI

The multifamily property located at 30856 Agoura Road in Agoura Hills has been sold for a total of $87,300,000. The transaction took place on 09/12/2022 and involved a total of 178 units. The property spans over 15 acres and has been acquired by Intercontinental Real Estate Corporation, represented by Jessica Levin and MG Properties.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $87,300,000
  • Address: 30856 Agoura Road, Agoura Hills
  • Market: Agoura Hills
  • Acres: 15

In this transaction, Intercontinental Real Estate Corporation was represented by Vince Norris, Jim Fisher, Mike Smith, and Bryan Schellinger from Northmarq as their brokers.

The sale price of $87,300,000 translates to an average price per unit of $490,449.

Players

Bryan Schellinger

NorthMarq

Broker

$567.7M

vol

11 deals

Broker
IC
Intercontinental Real Estate CorporationBuyer

Agoura Hills 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

0.18%

Cash-on-Cash

-0.05%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93