Updated Sep 11, 2026
ORKA Holdings Acquires San Diego Multifamily Property For $6.65M With Dave Tarquin As Buyer's Rep
4424 Mississippi Street
$6,650,000
$544/SF
Building Size
12,220 SF
Asset Type
MultiFamily
Closing
Jan 20, 2023
About this deal
AI
The multifamily property located at 4424 Mississippi Street in San Diego has been sold in a closed transaction. The property consists of 18 units with a total square footage of 12,220. The sale price for this transaction was $6,650,000, resulting in a per unit price of $369,444. The price per square foot was $544.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $6,650,000
- Address: 4424 Mississippi Street, San Diego
- Market: San Diego
Dave Tarquin, representing ORKA Holdings, purchased the property from The Rainer Family. The transaction was facilitated by Phillip Buckley of CBRE.
On the Map
$6,650,000
$544/SF
MultiFamily
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Players
San Diego 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
2.39%
Cash-on-Cash
-0.68%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93