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
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