facebook

traded

+ Submit
Home

/

Deals

/

California

/

Multifamily

/

Sale

/

57 North Ann Street

Shar Ghidari Purchases Multifamily Property From Jane L Totten For $5.175M In Ventura
SOLDMultiFamily

Shar Ghidari Purchases Multifamily Property From Jane L Totten For $5.175M In Ventura

57 North Ann Street

$5,175,000

$470/SF

Building Size

11,000 SF

Asset Type

MultiFamily

Closing

Nov 22, 2024

AI

The property asset involved in this transaction is a multifamily building located at 57 North Ann Street in the Ventura market. It consists of 20 units and has a total square footage of 11,000. The sale price was set at $5,175,000, resulting in a price per unit of $258,750 and a price per square foot of $470.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $5,175,000
  • Address: 57 North Ann Street
  • Market: Ventura
  • Units: 20
  • Square Footage: 11,000
  • Price Per Unit: $258,750
  • Price Per Square Foot: $470
  • Buyer: Shar Ghidari
  • Seller: Jane L Totten
  • Broker: Nick Henry - Beachside Partners

This transaction involved Shar Ghidari as the buyer who acquired the property from seller Jane L Totten. Nick Henry, representing Beachside Partners, acted as the broker for this transaction, facilitating the communication and negotiation between the involved parties.

Players

Nick Henry

Broker

$12.1M

vol

2 deals

Broker

Ventura MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

3.07%

Cash-on-Cash

-0.88%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93