Updated Sep 9, 2024
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
About this deal
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.
On the Map
$2,700,000
$242/SF
MultiFamily
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Players
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