R&V Management Acquires MultiFamily Asset In San Diego For $140 Million With Broker Derrek Ostrzyzek
5080 Camino Del Arroyo
$140,000,000
Building Size
—
Asset Type
MultiFamily
Closing
Feb 1, 2019
AI
The asset involved in the transaction is a multi-family property located at 5080 Camino Del Arroyo in San Diego. The sale occurred on February 1, 2019, with a transaction price of $140,000,000.00.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $140,000,000.00
- Sale Date: 02/01/2019
- Address: 5080 Camino Del Arroyo
- Market: San Diego
- Buyer: R&V Management
- Broker: Derrek Ostrzyzek - CBRE
The transaction was facilitated by Derrek Ostrzyzek representing CBRE. The buyer of the property is R&V Management, indicating their involvement in the acquisition of this multi-family asset in the 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
0.11%
Cash-on-Cash
-0.03%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93