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.
San Bernardino 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
3.17%
Cash-on-Cash
-0.91%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93