Aaron Bove And Frank McLin Facilitate $2M Sale Of San Diego Multifamily On Keating St
SOLD
$2,000,000
California
See Similar DealsMultiFamily
Sold 10/17/2022
SOLD
Aaron Bove And Frank McLin Facilitate $2M Sale Of San Diego Multifamily On Keating St
3555 Keating Street, San Diego, California 92110, United States
See Similar DealsMultiFamily
Sold 10/17/2022
Summary
CALIFORNIA
Asset Type:MultiFamily
Transaction Type:Sale
A multifamily property located at 3555 Keating St in San Diego has been sold for $2,000,000. The property consists of 7 units, with a price per unit of $285,714.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $2,000,000
- Units: 7
- Price Per Unit: $285,714
- Address: 3555 Keating St
- Market: San Diego
The sale was facilitated by Aaron Bove from Marcus & Millichap and Frank McLin from Heartland Real Estate.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$106,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$7,105.57
Cash-on-Cash Return-1.27%
Monthly Debt Service$9,481.02
Annual Debt Service$113,772.24
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