Neel Pujara Sells Multifamily Property At 3366 Roosevelt Street In Carlsbad For $3.95M
3366 Roosevelt Street
$3,950,000
$798/SF
Building Size
4,944 SF
Asset Type
MultiFamily
Closing
Jan 14, 2025
AI
The multifamily property located at 3366 Roosevelt Street in Carlsbad has been sold for $3,950,000. The asset encompasses 10 units with a total square footage of 4,944, resulting in a price per unit of $395,000 and a price per square foot of $798.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $3,950,000
- Units: 10
- Square Footage: 4,944
- Price Per Unit: $395,000
- Price Per Square Foot: $798
- Seller: Neel Pujara
- Broker: Angelo La Bruna - Apartment Realty Group (ARG)
Neel Pujara was the seller of the property, while the transaction was facilitated by broker Angelo La Bruna representing the seller through Apartment Realty Group (ARG).
Carlsbad 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
4.02%
Cash-on-Cash
-1.15%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93