The Bascom Group LLC Sells Multifamily Property In Vista For $9.5M
322 Hillside Terrace, Vista, CA, USA
$9,475,000
$143/SF
Building Size
66,211 SF
Asset Type
MultiFamily
Closing
Aug 24, 2021
AI
Located at 322 Hillside Terrace in Vista, this multifamily property was recently sold for a total price of $9,475,000. The property consists of 32 units, with each unit priced at approximately $296,093. The sale was completed on 08/24/2021.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $9,475,000
- Units: 32
- Price per Unit: $296,093
- Address: 322 Hillside Terrace
- Market: Vista
The seller of this property was The Bascom Group LLC. Christopher Zorbas and Gary Weddle from Marcus & Millichap represented the seller in the transaction.
Players
Vista 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
1.67%
Cash-on-Cash
-0.48%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93