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5715 North Vista Street, Sa...

Grant Lin Acquires San Gabriel Multifamily For $5.06M
SOLDMultiFamily

Grant Lin Acquires San Gabriel Multifamily For $5.06M

5715 North Vista Street, San Gabriel, CA, USA

$5,058,000

$428/SF

Building Size

11,808 SF

Asset Type

MultiFamily

Closing

Oct 19, 2021

AI

A multifamily property located at 5715 N. Vista Street in San Gabriel has been sold. The transaction took place on October 20, 2021.

Summary of transaction details:

  • Property Type: Multifamily
  • Sale Price: $5,058,000
  • Number of Units: 20
  • Price per Unit: $252,900
  • Square Footage: 11,808
  • Price per Square Foot: $428
  • Market: San Gabriel

The buyer in this transaction was Grant Lin, and the seller was Ming-Ho Chen. The buyer and seller were represented by Catherine Zhong and Eric Chen from CBRE.

Players

Eric Chen

CBRE

Broker

$886.6M

vol

108 deals

Broker

Grant Lin

Buyer

$114.5M

vol

10 deals

Buyer

San Gabriel 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

3.14%

Cash-on-Cash

-0.90%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93