Updated Dec 21, 2023
CBRE Sells Multifamily Property In Fontana For $2.65M
8945 Juniper Ave, Fontana, CA 92335, USA
$2,650,000
$182/SF
Building Size
14,546 SF
Asset Type
MultiFamily
Closing
Jul 22, 2020
About this deal
AI
A multifamily property located at 8945 Juniper Ave in Fontana has been sold for $2,650,000. The property spans across 14,546 square feet, resulting in a price per square foot of $182.18. This transaction was facilitated by Cray Carlson of CBRE.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $2,650,000
- Address: 8945 Juniper Ave
- Market: Fontana
- Square Footage: 14,546
- Price per Square Foot: $182.18
Cray Carlson, a Senior Vice President at CBRE, served as the broker for this deal. For more information, please contact Cray directly at [email protected].
Players
Fontana 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
5.99%
Cash-on-Cash
-1.71%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93