Updated Oct 28, 2024
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
Loading comparables…
Deal FAQ
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