Travis Johnson Purchases 18 Unit Multifamily Property From Neel Pujara For $4.8M
SOLD
$4,800,000
California
See Similar DealsMultiFamily11,104 SF
Sold 12/23/2025
SOLD
Travis Johnson Purchases 18 Unit Multifamily Property From Neel Pujara For $4.8M
4999 Sterling Court
See Similar DealsMultiFamily11,104 SF
Sold 12/23/2025
Summary
CALIFORNIA
Asset Type:MultiFamily
Price Per Square Foot:$432
Total Square Footage:11,104 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$256,000.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$17,053.38
Cash-on-Cash Return-1.27%
Monthly Debt Service$22,754.45
Annual Debt Service$273,053.39
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