Updated Dec 19, 2023
Richard Tod Spieker & Catherine Spieker Acquire Multifamily Property In Palo Alto, CA For $4.5M
4170 Byron Street, Palo Alto, California 94306, United States
$4,500,000
$649/SF
Building Size
6,925 SF
Asset Type
MultiFamily
Closing
Dec 20, 2021
About this deal
AI
The multifamily property located at 4170 Byron St in Palo Alto, CA has been sold. The property spans 6,925 square feet and was sold for a price of $4,500,000, resulting in a price per square foot of $650.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $4,500,000
- Square Footage: 6,925
- Price per Square Foot: $650
- Address: 4170 Byron St, Palo Alto, CA
- Market: Palo Alto, CA
The buyer of the property is Richard Tod Spieker and Catherine Spieker, while the seller is David V Vanni.
Players
Palo Alto 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
3.53%
Cash-on-Cash
-1.01%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93