SOLDMultiFamily
Trion Properties Acquires San Leandro Multifamily For $20.5M
424 Callan Ave, San Leandro, CA 94577, USA
$20,499,998
$249/SF
Building Size
82,043 SF
Asset Type
MultiFamily
Closing
Aug 12, 2020
AI
The multifamily property located at 424 Callan Avenue in San Leandro has been sold for a price of $20,500,000. The transaction took place on August 13, 2020. The property consists of 80 units, resulting in a price per unit of $256,250.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $20,500,000
- Address: 424 Callan Avenue, San Leandro
- Market: San Leandro
- Buyer: Trion Properties – Max Sharkansky
- Units: 80
- Price Per Unit: $256,250
Trion Properties, represented by Max Sharkansky, was the buyer in this transaction.
San Leandro 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
0.77%
Cash-on-Cash
-0.22%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93