Christian Concepcion Acquires Multifamily Property In Claremont, CA For $5.3M
765 Baylor Avenue, Claremont, California 91711, United States
$5,300,000
$197/SF
Building Size
26,872 SF
Asset Type
MultiFamily
Closing
Mar 1, 2022
AI
The multifamily property located at 765 Baylor Ave & 755 Baylor Ave in Claremont, CA has been sold for a total price of $5,300,000. The property spans across 26,872 square feet, resulting in a price per square foot of $197.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $5,300,000
- Square Footage: 26,872
- Price Per Square Foot: $197
- Address: 765 Baylor Ave & 755 Baylor Ave, Claremont, CA
- Market: Claremont, CA
Christian Concepcion has acquired the property from the seller, Rao R. Yalamanchili.
Players
Claremont 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
2.99%
Cash-on-Cash
-0.86%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93