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7317 Haskell Avenue, Van Nu...

HSR Management Inc Acquires Multi Family Property In Van Nuys For $19M
SOLDMultiFamily

HSR Management Inc Acquires Multi Family Property In Van Nuys For $19M

7317 Haskell Avenue, Van Nuys, CA 91406, USA

$19,000,000

$214/SF

Building Size

88,394 SF

Asset Type

MultiFamily

Closing

Aug 2, 2018

AI

The multi-family property located at 6537 Haskell Ave and 7317 Haskell Ave in Van Nuys has been sold for a total of $19,000,000. The property spans 88,394 square feet, resulting in a price per square foot of $214.

Summary of transaction details

  • Property Type: Multi Family
  • Transaction Amount: $19,000,000
  • Market: Van Nuys

The seller of the property is Lion Real Estate Group, represented by Mory Barak and Jeff Weller. The buyer, HSR Management Inc, was represented by Michael Sterman and Jeff Louks.

Note that additional information about this transaction is not available.

Players

Jeff Louks

Marcus & Millichap

Broker

$337.6M

vol

33 deals

Broker

Jeff Weller

Lion Real Estate Group

Seller

$19M

vol

3 deals

Seller

Van Nuys MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.83%

Cash-on-Cash

-0.24%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93