Universe Holdings Acquires Multifamily Property In Ventura For $14.55M
6073 Woodland Street, Ventura, California 93003, United States
$14,550,000
Building Size
—
Asset Type
MultiFamily
Closing
May 11, 2022
AI
The multifamily property located at 6073 Woodland St. in Ventura has been sold for a price of $14,550,000. The property consists of 40 units, with each unit valued at $363,750.
Summary of transaction details:
- Property Type: Multifamily
- Sale Price: $14,550,000
- Units: 40
- Price per Unit: $363,750
The buyer for this transaction was Universe Holdings, with Henry Manoucheri representing them. Henry Manoucheri is a representative from Universe Holdings' agency.
Ventura 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
1.09%
Cash-on-Cash
-0.31%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93