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7922 Day Creek Blvd

Sares-Regis Group Acquires MultiFamily Property In Rancho Cucamonga For $93.85M
SOLDMultiFamily

Sares-Regis Group Acquires MultiFamily Property In Rancho Cucamonga For $93.85M

7922 Day Creek Blvd

$93,850,000

Building Size

Asset Type

MultiFamily

Closing

Jun 1, 2017

AI

The property asset involved in this transaction is a MultiFamily building located at 7922 Day Creek Blvd in Rancho Cucamonga. The transaction was completed for a price of $93,850,000.00.

Summary of transaction details:

  • Property Type: MultiFamily
  • Transaction Amount: $93,850,000.00
  • Sale Date: 06/01/2017
  • Address: 7922 Day Creek Blvd
  • Market: Rancho Cucamonga
  • Broker: Derrek Ostrzyzek from CBRE
  • Buyer: Sares-Regis Group

Key individuals involved in the transaction include Derrek Ostrzyzek, who represented the interests of the broker CBRE, and Sares-Regis Group, the buyer of the property. The engagement highlights the active role played by these individuals in facilitating the transaction.

Players

Derrek Ostrzyzek

CBRE

Broker

$11.6B

vol

117 deals

Broker
Sares-Regis Group
Sares-Regis GroupBuyer

Rancho Cucamonga 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

0.17%

Cash-on-Cash

-0.05%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93