Updated Jan 31, 2025
Sares-Regis Group Acquires MultiFamily Asset In Simi Valley For $60.6 Million
643 Country Club Dr
$60,600,000
Building Size
—
Asset Type
MultiFamily
Closing
Sep 1, 2015
About this deal
AI
The asset involved in this transaction is a MultiFamily property located at 643 Country Club Dr in Simi Valley. The transaction was completed on 09/01/2015 with a price of $60,600,000.00.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $60,600,000.00
- Address: 643 Country Club Dr
- Market: Simi Valley
The buyer of the property is Sares-Regis Group, while the brokerage representing the deal is CBRE with Derrek Ostrzyzek as the broker. This highlights the key role of these individuals and companies in facilitating the transaction.
On the Map
$60,600,000
MultiFamily
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Players
Simi Valley 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
0.26%
Cash-on-Cash
-0.07%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93