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600 West Commonwealth Avenu...

Updated Oct 28, 2024

Intracorp Sells Fullerton Multifamily Property For $168M
SOLDMultiFamily

Intracorp Sells Fullerton Multifamily Property For $168M

600 West Commonwealth Avenue, Fullerton, CA, USA

$168,000,000

$3,535/SF

Building Size

47,520 SF

Asset Type

MultiFamily

Closing

Dec 3, 2021

About this deal

AI

In a recent closed property transaction in Fullerton's market, a multifamily asset located at 600 West Commonwealth was sold. The seller, Intracorp represented by Brad Perozzi, finalized the deal. The sale price for this property amounted to $168,000,000. The property consists of 290 units, resulting in a per unit price of $579,310.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $168,000,000
  • Address: 600 West Commonwealth
  • Market: Fullerton
  • Seller: Intracorp - Brad Perozzi
  • Units: 290
  • Price per Unit: $579,310

This transaction showcases the involvement of Brad Perozzi from Intracorp as the representative of the sellers. With a considerable sale price and a significant number of units, this deal highlights the active market in Fullerton for multifamily assets.

Players

Fullerton MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $3.5K per square foot on a published $168M for 47,520 square feet (2021).

Browse California multifamily sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.09%

Cash-on-Cash

-0.03%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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