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Cushman & Wakefield Brokers Sell Multifamily Property In Moorpark, CA For $127M

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SOLD
$127,000,000

California

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MultiFamily270 SF
Sold 10/18/2022
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Property Image
SOLD

Cushman & Wakefield Brokers Sell Multifamily Property In Moorpark, CA For $127M

4767 Moorpark Ave, Moorpark, California 93021, United States

See Similar Deals
MultiFamily270 SF
Sold 10/18/2022
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Summary

CALIFORNIA
Asset Type:MultiFamily
Price Per Square Foot:$470,370
Total Square Footage:270 SF
Transaction Type:Sale

A multifamily property located at 4767 S Moorpark Avenue in Moorpark, CA has been sold for $127,000,000. The property consists of 312 units with an average price per unit of $407,051. The total square footage of the property is 270,480, with a price per square foot of $470.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $127,000,000
  • Units: 312
  • Price per Unit: $407,051
  • Square Footage: 270,480
  • Price per Square Foot: $470
  • Market: Moorpark, CA

The sale was facilitated by Marc Renard, Morgan Jackson, and Manfred Schaub from Cushman & Wakefield. They represented the buyer and seller in this transaction.

Players

Manfred Schaub
4 deals$522M volume
BROKER

Marc Renard
Cushman & Wakefield
12 deals$1.3B volume
BROKER

Details

SOLD
IMAGE: Marc Renard, Morgan Jackson & Manfred Schaub DATE: 10/18/2022 ADDRESS: 4767 S Moorpark Avenue MARKET: Moorpark, CA ASSET TYPE: Multifamily BROKERS: Marc Renard, Morgan Jackson (@Morgan_Jackson) & Manfred Schaub - Cushman & Wakefield (@CushWake) SALE PRICE: $127,000,000 UNITS: 312 ~ PPU: $407,051 SF: 270,480 ~ PPSF: $470

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

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Cap Rate

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