Spectrum Partners Acquires Multifamily Property In San Diego From SENTRE For $37.4M
SOLD
$37,400,000
+ 1
California
See Similar DealsMultiFamily
Sold 12/20/2022
SOLD
Spectrum Partners Acquires Multifamily Property In San Diego From SENTRE For $37.4M
606 Washington Street, San Diego, California 92103, United States
See Similar DealsMultiFamily
Sold 12/20/2022
+ 1
Summary
CALIFORNIA
Asset Type:MultiFamily
Transaction Type:Sale
The multifamily property located at 606 Washington St in San Diego has been sold in a recent transaction. The sale was completed on 12/20/2022 for a total sale price of $37,400,000. The property consists of 80 units, with a price per unit (PPU) of $467,500.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $37,400,000
- Units: 80
- Price Per Unit (PPU): $467,500
- Market: San Diego
The buyer of the property is Spectrum Partners, while the seller is SENTRE. The deal was facilitated by the brokers Rachel Parsons, Ed Rosen, John Chu, and Tyler Sinks from Berkadia Institutional Solutions.
Please note that no additional information is available regarding the property or the individuals involved in the transaction.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Top Markets for Multifamily Investment ReportFall 2025
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$1,994,666.66
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$132,874.31
Cash-on-Cash Return-1.27%
Monthly Debt Service$177,295.08
Annual Debt Service$2,127,540.97
Is there something missing? Send suggestions