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
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