Updated Mar 3, 2025
Zac Freehling Acquires Multifamily Property In Ventura For $801K
53 E Simpson St, Ventura, CA, USA
$801,000
$380/SF
Building Size
2,106 SF
Asset Type
MultiFamily
Closing
Sep 10, 2021
About this deal
AI
A multifamily property located at 53 E. Simpson St. in Ventura has been sold for a price of $801,000. The property consists of 3 units with a total square footage of 2,106. The price per unit is approximately $267,000, while the price per square foot is $380. The transaction took place on 09/10/2021.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $801,000
- Address: 53 E. Simpson St.
- Market: Ventura
- Buyer: Zac Freehling
- Seller: Nora Davis
- Broker: Kaitlin Miller
Zac Freehling was the buyer in this transaction, while Nora Davis was the seller. Kaitlin Miller represented the parties in the deal. The property offers a total of 3 units and a generous total square footage of 2,106. The sale price of $801,000 equates to a price per unit of approximately $267,000 and a price per square foot of $380.
Players
Ventura MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Visit Kaitlin Miller to view all their deals.
Browse California multifamily sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
19.80%
Cash-on-Cash
-5.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93