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4373 Town Center Boulevard,...

Oakmont Properties Acquires Multifamily Asset In El Dorado Hills For $85.6M
SOLDMultiFamily

Oakmont Properties Acquires Multifamily Asset In El Dorado Hills For $85.6M

4373 Town Center Boulevard, El Dorado Hills, California 95762, United States

$85,600,000

$479/SF

Building Size

178,595 SF

Asset Type

MultiFamily

Closing

Jan 3, 2022

AI

The sale of a multifamily property has been completed at 4373 Town Center Blvd. in El Dorado Hills. The transaction took place on January 3, 2022, and the asset consists of 214 units.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $85,600,000
  • Units: 214
  • Price Per Unit (PPU): $400,000
  • Market: El Dorado Hills

Oakmont Properties purchased the property from AG Spanos. The deal was facilitated by Marc Ross from CBRE.

Note: No additional information is available regarding the property or the individuals involved in the transaction.

Players

Marc Ross

CBRE

Broker

$828.9M

vol

13 deals

Broker
OP
Oakmont PropertiesBuyer

El Dorado Hills 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

0.19%

Cash-on-Cash

-0.05%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93