Updated Oct 29, 2024
Harbor Group International Acquires Property In Long Beach For $180 Million With Rep Geoff Boler
434 E 4th St, Long Beach, CA, 90802
$180,000,000
Building Size
—
Asset Type
MultiFamily
Closing
Aug 2, 2022
About this deal
AI
The property asset involved in this transaction is located at 434 E 4th St, Long Beach, CA, 90802. It is situated in the Long Beach market, and the total transaction amount for this deal was $180,000,000. The property has a square footage of 0.
Summary of transaction details:
- Property Type: Sale
- Transaction Amount: $180,000,000.00
- Address: 434 E 4th St, Long Beach, CA, 90802
- Market: Long Beach
- Buyer's Name: Harbor Group International
- Seller's Representative: Geoff Boler-Eastdil Secured
The transaction features Harbor Group International as the buyer, facilitating the purchase through their representative. The seller's representative, Geoff Boler from Eastdil Secured, managed the interests of the seller during this transaction process.
On the Map
$180,000,000
MultiFamily
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Players
Long Beach 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
0.09%
Cash-on-Cash
-0.03%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93