Updated Dec 18, 2023
Jim & Susan Colombo Acquire Multifamily Property On Batavia Street In Orange County For $11.5M
345 North Batavia Street, Orange, CA, USA
$11,500,000
$353/SF
Building Size
32,496 SF
Asset Type
MultiFamily
Closing
Oct 26, 2020
About this deal
AI
The multifamily property located at 345 N. Batavia Street in Orange County has been sold in a recent transaction. The sale took place on 10/27/2020, as confirmed by the accompanying image posted by Dan Blackwell and Katrina Heyne on Instagram. The property spans across approximately 32,496 square feet and is classified as a multifamily asset.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $11,500,000
- Square Footage: 32,496
- Price per Square Foot: $353
- Address: 345 N. Batavia Street, Orange County
The buyers in this transaction are Jim and Susan Colombo, while the sellers are Don Chambers. The deal was facilitated by brokers Katrina Heyne and Dan Blackwell from MultifamilySocal.
Players
Orange 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
1.38%
Cash-on-Cash
-0.39%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93