James Capital Advisors Brokers Sell Multifamily Property In Ventura For $5.87M, With Reps John Katnik, Mike Hanassab, & Elliot Hassan
732 East Santa Clara Street, Ventura, California 93001, United States
$5,870,000
$419/SF
Building Size
14,000 SF
Asset Type
MultiFamily
Closing
Jan 31, 2022
AI
Located at 732 E. Santa Clara St. in Ventura, this multifamily property has recently been sold in a closed transaction. The property spans 14,000 square feet and is comprised of 36 units. The sale price for this property was $5,870,000, equating to a price per unit of $163,055 and a price per square foot of $419.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $5,870,000
- Units: 36
- Price Per Unit: $163,055
- Square Footage: 14,000
- Price Per Square Foot: $419
- Market: Ventura
The sale was facilitated by brokers John Katnik, Mike Hanassab, and Elliot Hassan of James Capital Advisors. They represented the parties involved in this transaction, ensuring a successful deal.
Players
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
2.70%
Cash-on-Cash
-0.77%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93