Andres Hernandez Acquires Cudahy Multifamily Property From Sam Bhatia For $3.2M

The property asset involved in this transaction is a multifamily building located at 4660 Clara Street in Cudahy. The sale price was $3,200,000 for 15 units, resulting in a price per unit of $213,333. The building has a total square footage of 10,382, equating to a price per square foot of $308.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $3,200,000
• Address: 4660 Clara Street
• Market: Cudahy
• Units: 15
• Price Per Unit: $213,333
• Square Footage: 10,382
• Price Per Square Foot: $308
• Buyer: Andres Hernandez
• Seller: Sam Bhatia
• Seller's Representative: Matthew William Guerra - Principle Quality Investments

The buyer, Andres Hernandez, was participating in a 1031 exchange during this transaction. The seller, Sam Bhatia, is a licensed residential agent who hired Matthew Guerra to exclusively assist in selling the apartment complex, leveraging his expertise in the market for apartment buildings.