MWest Holdings Acquires Multifamily Property In San Pedro For $20.8M
SOLD
California
See Similar DealsMultiFamily55,726 SF
Sold 06/21/2019
SOLD
MWest Holdings Acquires Multifamily Property In San Pedro For $20.8M
441 West 3rd Street, San Pedro, CA 90731, USA
See Similar DealsMultiFamily55,726 SF
Sold 06/21/2019
Summary
CALIFORNIA
Asset Type:MultiFamily
Price Per Square Foot:$373
Total Square Footage:55,726 SF
Transaction Type:Sale
The multifamily property located at 441 W. 3rd St in San Pedro was recently sold for a total price of $20,800,000. The property spans a total square footage of 55,726 and has a price per square foot of $373.25.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $20,800,000
- Market: San Pedro
- Address: 441 W. 3rd St
- Square Footage: 55,726
- Price per Square Foot: $373.25
The buyer of the property is MWest Holdings, represented by Mike Smith and Jim Fisher of Berkadia.
Players
BUYER
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$1,109,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$73,898.01
Cash-on-Cash Return-1.27%
Monthly Debt Service$98,602.61
Annual Debt Service$1,183,231.34
Is there something missing? Send suggestions
