CBRE Brokers Eric Chen & Andy Yu Facilitate $2.56M Sale Of Ontario Multifamily Property
565 West D. Street
MultiFamily
10,246 SF
10,246 SF
Sold 1 year ago
Summary
An multifamily property located at 565 W. D. Street in Ontario, California was recently sold for a price of $2,560,000 on 11/24/2020. The property consists of 14 units with an average price per unit of $182,857. The total square footage of the property is 10,246, with a price per square foot of $249.85. The capitalization rate for the property is 4.45% and the gross rent multiplier is 13.58.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $2,560,000
- Address: 565 W. D. Street
- Market: Ontario, California
- Units: 14
- Price Per Unit: $182,857
- Square Footage: 10,246
- Price Per Square Foot: $249.85
- Capitalization Rate: 4.45%
- Gross Rent Multiplier: 13.58
The sale was facilitated by brokers Eric Chen from CBRE. Eric Chen can be contacted via his Instagram handle @Eric_C_Chen and Andy Yu can be contacted via his Instagram handle @And23Yu.
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565 West D. Street
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