SOLDMultiFamily
Preservation Equity Fund Advisors Acquires Multifamily Property In San Diego For $20M
330 15th St, San Diego, California 92101, United States
$20,000,000
Building Size
—
Asset Type
MultiFamily
Closing
Aug 12, 2022
AI
A multifamily property located at 330 15th St in San Diego, CA has been sold for $20,000,000. The transaction took place on 12/08/2022 and included a total of 91 units. The price per unit for this sale was $219,780.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $20,000,000
- Date: 12/08/2022
- Address: 330 15th St, San Diego, CA
- Market: San Diego, CA
- Buyer: Preservation Equity Fund Advisors - Will Cooper Jr
- Units: 91
- Price per Unit: $219,780
The buyer in this transaction was Preservation Equity Fund Advisors, represented by Will Cooper Jr.
San Diego 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
0.79%
Cash-on-Cash
-0.23%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93