Updated Oct 29, 2024
Pacific Companies Acquires Live Oak Multifamily Property On Gateway Blvd
7601 Gateway Blvd
Building Size
767 SF
Asset Type
MultiFamily
Closing
Jul 15, 2020
About this deal
AI
The multifamily property located at 7601 Gateway Blvd in Live Oak has been sold. The property was built in 2008 and consists of one-, two-, and three-bedroom units. The units range in size from 628 to 1,364 square feet.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: Not specified
- Buyer: Pacific Companies – Caleb Roope
Pacific Companies, represented by Caleb Roope, was the buyer in this transaction.
Traded’s record for 7601 Gateway Blvd in Newark, California covers a multifamily sale from 2020. Reported inventory is 767 square feet across 378 units, or about 0 per square foot. Named participants on the 7601 Gateway Blvd sale are Caleb Roope. This page is the Newark, California file for the 7601 Gateway Blvd multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Newark sit in the Market section below. Filter that Newark multifamily set by closing date to see what else sold near 7601 Gateway Blvd around 2020. Cite this Pacific Companies Acquires Live Oak Multifamily Property On Gateway Blvd sale when underwriting similar multifamily product around Newark, California.
Newark MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Browse Newark multifamily sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93