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602 Graciela Court

Eddie Zhao Acquires 9-Unit Multifamily In Inland Empire For $2.7M
SOLDMultiFamily

Eddie Zhao Acquires 9-Unit Multifamily In Inland Empire For $2.7M

602 Graciela Court

$2,700,000

$242/SF

Building Size

11,115 SF

Asset Type

MultiFamily

Closing

Aug 11, 2022

AI

A multifamily property located at 602 Graciella Ct. in the Inland Empire was recently sold for $2,700,000. The property consists of 9 units, with a price per unit of $300,000. The total square footage of the property is 11,115, with a price per square foot of $242.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $2,700,000
  • Units: 9
  • Price Per Unit: $300,000
  • Square Footage: 11,115
  • Price Per Square Foot: $242
  • Address: 602 Graciella Ct.
  • Market: Inland Empire

The buyer in this transaction was Eddie Zhao, while Rao Yalamanchili was the seller. The deal was facilitated by Eric Chen and Blake Torgerson of CBRE, who represented both parties.

Players

Blake Torgerson

CBRE

Broker

$286.1M

vol

48 deals

Broker

San Jacinto 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

5.88%

Cash-on-Cash

-1.68%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93