facebook

traded

+ Submit+ Submit a Deal
Home

/

Deals

/

California

/

Multifamily

/

Sale

/

3665 N. E. St, San Bernardino

Daniel Talamentes Acquires Multifamily Property In San Bernardino For $5M
SOLDMultiFamily

Daniel Talamentes Acquires Multifamily Property In San Bernardino For $5M

3665 N. E. St, San Bernardino

$5,000,000

$215/SF

Building Size

23,164 SF

Asset Type

MultiFamily

Closing

Jan 6, 2022

AI

Located at 3665 N. E. St. in San Bernardino, this multifamily property was recently sold in a closed transaction. The property spans a total of 23,164 square feet and consists of 35 units. The sale price for this asset was $5,000,000, resulting in an average price per unit of $142,857. Additionally, the price per square foot was calculated to be $215.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $5,000,000
  • Address: 3665 N. E. St.
  • Market: San Bernardino

The buyer of this multifamily property was Daniel Talamentes, while the seller was Ken Agee. Representing the transaction was Cray A. Carlson from CBRE. No additional information about the individuals involved in the deal has been provided.

Players

Cray Carlson

CBRE

Broker

$147.1M

vol

16 deals

Broker

Daniel Talamentes

Buyer

$19.2M

vol

2 deals

Buyer

San Bernardino 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

3.17%

Cash-on-Cash

-0.91%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93