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520 Calle La Roda, Camarill...

Cammarillo Multifamily Property Acquired For $8.1M By Filip Niculete, Glen Scher, And JR Louie @LAAATeam
SOLDMultiFamily

Cammarillo Multifamily Property Acquired For $8.1M By Filip Niculete, Glen Scher, And JR Louie @LAAATeam

520 Calle La Roda, Camarillo, CA 93010, USA

$8,075,000

$2,975/SF

Building Size

2,714 SF

Asset Type

MultiFamily

Closing

Apr 27, 2020

AI

A multifamily property located at 520 Calle La Roda in Camarillo has been sold for a price of $8,075,000. The property consists of 33 units and has a total square footage of 27,141, resulting in a price per square foot of $297.52. Each unit was sold at an average price of $244,696.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $8,075,000
  • Address: 520 Calle La Roda
  • Market: Camarillo
  • Square Footage: 27,141
  • Price Per Square Foot: $297.52
  • Units: 33
  • Price Per Unit: $244,696

The transaction was facilitated by Filip Niculete, Glen Scher, and JR Louie from the LAAATeam brokerage.

Players

Filip Niculete

Marcus & Millichap

Broker

$788.2M

vol

198 deals

Broker

Camarillo 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

1.96%

Cash-on-Cash

-0.56%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93