Updated Oct 28, 2024
Universe Holdings Acquires Multifamily Property In Ventura For $14.55M
6073 Woodland Street, Ventura, California 93003, United States
$14,550,000
Units
40
Asset Type
MultiFamily
Closing
May 11, 2022
About this deal
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.
The multifamily sale at 6073 Woodland Street, Ventura, California 93003, United States in Ventura, California sold for $14.6M in 2022. Reported inventory is 40 units across 40 units. Named participants on the 6073 Woodland Street, Ventura, California 93003, United States sale are Henry Manoucheri. This page is the Ventura, California file for the 6073 Woodland Street, Ventura, California 93003, United States multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Ventura sit in the Market section below. Filter that Ventura multifamily set by closing date to see what else sold near 6073 Woodland Street, Ventura, California 93003, United States around 2022. Published consideration for 6073 Woodland Street, Ventura, California 93003, United States is $14.6M, dated 2022. Cite this Universe Holdings Acquires Multifamily Property In Ventura For $14.55M sale when underwriting similar multifamily product around Ventura, California.
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