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5080 Camino Del Arroyo

R&V Management Acquires MultiFamily Asset In San Diego For $140 Million With Broker Derrek Ostrzyzek
SOLDMultiFamily

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

Derrek Ostrzyzek

CBRE

Broker

$11.6B

vol

117 deals

Broker
RM
R&V ManagementBuyer

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