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5250 Chesebro Road, Agoura ...

Chesebro Associates 888, LLC Acquires Multifamily Property In Agoura Hills For $11.5M
SOLDMultiFamily

Chesebro Associates 888, LLC Acquires Multifamily Property In Agoura Hills For $11.5M

5250 Chesebro Road, Agoura Hills, CA 91301, USA

$11,500,000

$402/SF

Building Size

28,573 SF

Asset Type

MultiFamily

Closing

Aug 28, 2019

AI

Located in Agoura Hills, the multifamily property at 5250 Chesebro Rd was recently sold for a price of $11,500,000. Spanning across 28,573 square feet, the property was sold at a rate of $402.48 per square foot.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $11,500,000
  • Address: 5250 Chesebro Rd
  • Market: Agoura Hills

The buyer, Chesebro Associates 888, LLC, completed the transaction with the seller, Old Agoura Apartments LLC. The deal was facilitated by Jordan Fischer, Jeff Louks, Matt Ziegler, and Dan Withers, representing the parties involved.

Players

Daniel Withers

Matthews

Broker

$198.2M

vol

32 deals

Broker

Agoura Hills 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

1.38%

Cash-on-Cash

-0.39%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93