Lulu Han And Alice Johnson Buy 8520 Whitworth Dr Multifamily From Kian Madani And Bob Brown For $4.45M
8520 Whitworth Dr
$4,450,000
Building Size
—
Asset Type
MultiFamily
Closing
Mar 3, 2025
AI
The property asset involved in this transaction is a MultiFamily type located at 8520 Whitworth Dr. The transaction was finalized on 03/03/2025 for a price of $4,450,000.00.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $4,450,000.00
- Address: 8520 Whitworth Dr
- Buyer: Lulu Han and Alice Johnson (Buyer LLC)
- Seller: Kian Madani and Bob Brown (Seller Corp.)
- Brokers: Jeffrey Estrada (Marcus & Millichap), Neema Ahadian (Marcus & Millichap)
The deal was executed with notable representations by Jeffrey Estrada and Neema Ahadian from Marcus & Millichap, acting as the brokers involved in this transaction, supporting both the buyer and the seller throughout the process.
Players
Market 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
3.56%
Cash-on-Cash
-1.02%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93