BMRCK, LP Acquires Multifamily Property In Rocklin, CA For $23M
6050 Placer West Drive, Rocklin, California 95677, United States
$23,000,000
Building Size
—
Asset Type
MultiFamily
Closing
Aug 22, 2022
AI
The multifamily property located at 6050 Placer West Dr in Rocklin, CA has been sold for a price of $23,000,000. The transaction took place on 08/23/2022.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $23,000,000
- Address: 6050 Placer West Dr, Rocklin, CA
- Market: Rocklin, CA
The buyer of the property was BMRCK, LP, while the seller was The Ezralow Company. The buyer was represented by Bob Cota Realty, and the seller was represented by Mark Ross from CBRE. The property consists of 68 units, with a price per unit of $338,235.
Players
Rocklin MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.69%
Cash-on-Cash
-0.20%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93