Warrior Foundation Freedom Station Acquires Multifamily In San Diego For $5M
4058 Hamilton Street, San Diego, California 92104, United States
$5,000,000
Building Size
—
Asset Type
MultiFamily
Closing
Sep 11, 2022
AI
Warrior Foundation Freedom Station has purchased a multifamily property located at 4058 Hamilton Street in San Diego. The property consists of 12 units and was sold for a price of $5,000,000, resulting in a per unit price of $416,667. The sale was facilitated by Ben Sierpina and Raymond S. Choi of Marcus & Millichap, who represented the seller, and Dylan Wright and Connor Arleo of ACRE Investment Real Estate Services, who represented the buyer.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $5,000,000
- Address: 4058 Hamilton Street, San Diego
- Market: San Diego
- Buyer: Warrior Foundation Freedom Station
- Buyer's Rep: Dylan Wright & Connor Arleo - ACRE Investment Real Estate Services
- Seller's Rep: Ben Sierpina & Raymond S. Choi - Marcus & Millichap
- Units: 12
- Price per unit: $416,667
Ben Sierpina and Raymond S. Choi of Marcus & Millichap represented the seller in the transaction, while Dylan Wright and Connor Arleo of ACRE Investment Real Estate Services represented the buyer, Warrior Foundation Freedom Station. This acquisition marks an important step for the buyer in expanding their multifamily property portfolio in San Diego.
Players
San Diego 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