Updated Dec 20, 2023
Inna Bimits & Jimmy D Black Acquire Apartment In Lafayette, CA For $4.3M
3639 Walnut Street, Lafayette, California 94549, United States
$4,325,000
$397/SF
Building Size
10,884 SF
Asset Type
MultiFamily
Closing
Sep 22, 2022
About this deal
AI
The apartment property located at 3639 Walnut St in Lafayette, CA has been sold in a recent transaction. The property spans 10,884 square feet and was sold at a price of $4,325,000, resulting in a price per square foot of $397.
Summary of transaction details:
- Property Type: Apartment
- Transaction Amount: $4,325,000
- Address: 3639 Walnut St
- Market: Lafayette, CA
- Buyer: Inna Bimits & Jimmy D Black
- Seller: Sheila M Light
Inna Bimits and Jimmy D Black have acquired the property from Sheila M Light. Both the buyer and the seller represented themselves in the deal without involvement from any broker representatives. The transaction marks a significant milestone in the Lafayette, CA real estate market.
Players
Lafayette 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
3.67%
Cash-on-Cash
-1.05%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93