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424 Callan Ave, San Leandro...

Trion Properties Acquires San Leandro Multifamily For $20.5M
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.

Players

Max Sharkansky

Trion Properties

Buyer

$795.8M

vol

13 deals

Buyer

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