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8462 Whitaker Street, Buena...

Peter Hauser & Matt Hauser Represent Seller in $16.2M Multifamily Sale in Buena Park
SOLDMultiFamily

Peter Hauser & Matt Hauser Represent Seller in $16.2M Multifamily Sale in Buena Park

8462 Whitaker Street, Buena Park, CA, USA

$16,220,000

$350/SF

Building Size

46,252 SF

Asset Type

MultiFamily

Closing

Mar 1, 2021

AI

Peter Hauser, Matt Hauser, and Mark Bridge have closed a multifamily property transaction in Buena Park. The property, located at 8462 Whitaker Street, consists of 56 units. The sale price for the property was $16,220,000, translating to a per unit price of $289,642.

Summary of transation details

  • Property Type: Multifamily
  • Transaction Amount: $16,220,000
  • Units: 56
  • Price Per Unit: $289,642
  • Market: Buena Park

The buyer's representative for this transaction was Mark Bridge from Cushman & Wakefield, while the seller's representatives were Peter Hauser and Matt Hauser from Avison Young. This deal showcases the involvement of key individuals and companies in the transaction.

Players

Peter Hauser

Northmarq

Broker

$165.9M

vol

9 deals

Broker
Avison Young
Avison YoungBrokerage

Buena Park MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.98%

Cash-on-Cash

-0.28%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93