Updated Dec 19, 2023
Douglas McCauley & David Covarrubias Acquire Multifamily Property In Glendora For $14.2M
618 West Route 66, Glendora, California 91740, United States
$14,200,000
$328/SF
Building Size
43,292 SF
Asset Type
MultiFamily
Closing
Jul 31, 2022
About this deal
AI
The multifamily property located at 618-620 W. Route 66 in Glendora has been sold for a price of $14,200,000. The property spans across 43,292 square feet, resulting in a price per square foot of $328.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $14,200,000
- Address: 618-620 W. Route 66, Glendora
- Market: Glendora
- Seller's Representative: Douglas McCauley & David Covarrubias - Marcus & Millichap
The sale was facilitated by the seller's representatives, Douglas McCauley & David Covarrubias, from the agency Marcus & Millichap.
Players
Glendora 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
1.12%
Cash-on-Cash
-0.32%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93