Abanoub Hanna Purchases Multifamily Property At 7443 Elm Street For $3.35M With Eric Chen & Blake Torgerson As Seller's Representatives
7443 Elm Street
$3,350,000
$196/SF
Building Size
17,040 SF
Asset Type
MultiFamily
Closing
Apr 15, 2026
AI
The property involved in this transaction is a multifamily asset located at 7443 Elm Street in the San Bernardino market. The sale price was $3,350,000, comprising 20 units with a price per unit of $167,500. The total square footage of the property is 17,040 with a price per square foot of $196.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $3,350,000
- Units: 20
- Price Per Unit: $167,500
- Square Footage: 17,040
- Price Per Square Foot: $196
- Buyer: Abanoub Hanna
- Seller's Representatives: Eric Chen & Blake Torgerson - CBRE
Abanoub Hanna represents the buyer in this transaction. The seller was represented by Eric Chen and Blake Torgerson from CBRE, highlighting the involvement of these brokerage professionals in facilitating the deal.
Players
San Bernardino 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
4.74%
Cash-on-Cash
-1.35%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93