Filip Niculete & Glen Scher Represent Seller In $1.6M Multifamily Sale In Rancho Cucamonga
8231 Tapia Via Drive, Rancho Cucamonga, CA, USA
$1,610,000
$292/SF
Building Size
5,508 SF
Asset Type
MultiFamily
Closing
Dec 26, 2019
AI
The multifamily property located at 8231 Tapia Via in Rancho Cucamonga has been sold for a price of $1,610,000. The property consists of 6 units, covering a total area of 5,508 square feet, resulting in a price per square foot of $292.30. Each unit was sold at an average price of $268,333. This transaction took place on 12/27/2019.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,610,000
- Address: 8231 Tapia Via
- Market: Rancho Cucamonga
The seller was represented by Filip Niculete and Glen Scher from LA Apartment Advisors, while the buyer was represented by Adam Garcia.
Please note that no additional information is available regarding this transaction.
Players
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
9.85%
Cash-on-Cash
-2.82%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93