Standard Communities Acquires Multifamily Properties In Anaheim, San Francisco & Escondido For $195M
SOLD
$195,000,000
California
See Similar DealsMultiFamily
Sold 06/08/2022
SOLD
Standard Communities Acquires Multifamily Properties In Anaheim, San Francisco & Escondido For $195M
707 West Santa Ana Street, Anaheim, California 92805, United States
See Similar DealsMultiFamily
Sold 06/08/2022
Summary
CALIFORNIA
Asset Type:MultiFamily
Transaction Type:Sale
The multifamily property located at 707 West Santa Ana Street in Anaheim, 1089 Bluebell Drive in San Francisco, and 549 East Valley Parkway in Escondido has been sold. The sale was completed by Standard Communities, represented by Joon Lee, Jeffrey Jaeger, and Chris Cruz, who purchased the property from AIR Communities.
Summary of Transaction Details:
- Property Type: Multifamily
- Sale Price: $195,000,000
- Units: 559
- Price per Unit (PPU): $348,837
Joon Lee, Jeffrey Jaeger, and Chris Cruz of Standard Communities were the buyers in this transaction. They were represented by their own team in the deal. The seller, AIR Communities, completed the sale at the mentioned price. The property consists of 559 units and has a price per unit of $348,837.
Players
BUYER
BUYER
SELLER
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Top Markets for Multifamily Investment ReportFall 2025
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$10,399,999.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$692,793.82
Cash-on-Cash Return-1.27%
Monthly Debt Service$924,399.48
Annual Debt Service$11,092,793.81
Is there something missing? Send suggestions