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4999 Sterling Court

Travis Johnson Purchases 18 Unit Multifamily Property From Neel Pujara For $4.8M
SOLDMultiFamily

Travis Johnson Purchases 18 Unit Multifamily Property From Neel Pujara For $4.8M

4999 Sterling Court

$4,800,000

$432/SF

Building Size

11,104 SF

Asset Type

MultiFamily

Closing

Dec 23, 2025

AI

The property asset involved in this transaction is a multifamily building located at 4999 Sterling Court in San Diego. The sale price for the property was $4,800,000, consisting of 18 units. The total square footage of the property measures 11,104, which equates to a price per unit of $266,666 and a price per square foot of $432.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $4,800,000
  • Units: 18
  • Square Footage: 11,104
  • Price Per Unit: $266,666
  • Price Per Square Foot: $432
  • Buyer: Travis Johnson
  • Seller: Neel Pujara
  • Broker: Abe Peay - BridgePoint Realty Inc

This transaction highlights the role of Abe Peay from BridgePoint Realty Inc, representing the deal. The buyer, Travis Johnson, and the seller, Neel Pujara, were integral to finalizing the sale of this multifamily asset in the competitive San Diego market.

Players

Abe Peay

BridgePoint Realty, Inc

Broker

$41.2M

vol

7 deals

Broker
BridgePoint Realty, Inc
BridgePoint Realty, IncBrokerage

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

3.30%

Cash-on-Cash

-0.94%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93