Updated Oct 28, 2024
Pacific Urban Investors Acquires Multifamily Property In Fremont For $127M
39800 Fremont Boulevard, Fremont, California 94538, United States
$127,000,000
$555/SF
Building Size
228,624 SF
Asset Type
MultiFamily
Closing
May 15, 2022
About this deal
AI
The multifamily property located at 39800 Fremont Blvd. in Fremont was recently sold for a total of $127,000,000. The property consists of 246 units, and the price per unit (PPU) amounts to $516,260.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $127,000,000
- Units: 246
- Price per Unit (PPU): $516,260
Pacific Urban Investors, represented by Alfred Pace, acted as the buyer in this transaction.
The multifamily sale at 39800 Fremont Boulevard, Fremont, California 94538, United States in Fremont, California sold for $127M in 2022. Reported inventory is 228,624 square feet across 246 units, or about 555 per square foot. Named participants on the 39800 Fremont Boulevard, Fremont, California 94538, United States sale are Alfred Pace. This page is the Fremont, California file for the 39800 Fremont Boulevard, Fremont, California 94538, United States multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Fremont sit in the Market section below. Filter that Fremont multifamily set by closing date to see what else sold near 39800 Fremont Boulevard, Fremont, California 94538, United States around 2022. Published consideration for 39800 Fremont Boulevard, Fremont, California 94538, United States is $127M, dated 2022. Cite this Pacific Urban Investors Acquires Multifamily Property In Fremont For $127M sale when underwriting similar multifamily product around Fremont, California.
Fremont 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
0.12%
Cash-on-Cash
-0.04%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93