Updated Oct 29, 2024
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
About this deal
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.
On the Map
$11,500,000
$402/SF
MultiFamily
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Players
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