Cushman & Wakefield Brokers Sell Moorpark Multifamily For $127M
4767 S Moorpark Avenue, Moorpark, CA
$127,000,000
$469/SF
Building Size
270,480 SF
Asset Type
MultiFamily
Closing
Oct 18, 2022
AI
The multifamily property located at 4767 S Moorpark Avenue in Moorpark, CA has been sold in a closed transaction. The property consists of 312 units with a price per unit of $407,051. The total square footage of the property is 270,480, with a price per square foot of $470. The sale price for the property was $127,000,000.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $127,000,000
- Address: 4767 S Moorpark Avenue
- Market: Moorpark, CA
- Units: 312
- Price per Unit: $407,051
- Square Footage: 270,480
- Price per Square Foot: $470
The sale of this multifamily property was facilitated by Marc Renard, Morgan Jackson, and Manfred Schaub of Cushman & Wakefield.
Players
Moorpark MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.12%
Cash-on-Cash
-0.04%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93