Updated Dec 20, 2023
Atoosa Zeinali Acquires Multifamily Property In San Jose, CA For $4.1M
3175 Cadillac Drive, San Jose, California 95117, United States
$4,095,000
$320/SF
Building Size
12,761 SF
Asset Type
MultiFamily
Closing
Apr 14, 2022
About this deal
AI
The multifamily property located at 3175 Cadillac Dr in San Jose, CA was recently sold in a closed transaction. The property spans 12,761 square feet and was sold for a total price of $4,095,000, resulting in a price per square foot of $320.
Summary of Transaction Details
- Property Type: Multifamily
- Transaction Amount: $4,095,000
- Address: 3175 Cadillac Dr, San Jose, CA
The buyer in this transaction was Atoosa Zeinali, while the sellers were David Kelly & Diane Kelly.
The multifamily sale at 3175 Cadillac Drive, San Jose, California 95117, United States in San Jose, California sold for $4.1M in 2022. The building is 12,761 square feet, implying about 320 per square foot on the published price. This page is the San Jose, California file for the 3175 Cadillac Drive, San Jose, California 95117, United States multifamily sold: pricing, party profiles, and other closed multifamily comps from the same San Jose sit in the Market section below. Filter that San Jose multifamily set by closing date to see what else sold near 3175 Cadillac Drive, San Jose, California 95117, United States around 2022. Published consideration for 3175 Cadillac Drive, San Jose, California 95117, United States is $4.1M, dated 2022. Cite this Atoosa Zeinali Acquires Multifamily Property In San Jose, CA For $4.1M sale when underwriting similar multifamily product around San Jose, California.
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San Jose 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
3.87%
Cash-on-Cash
-1.11%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93