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917 Academy Dr, Newbury Par...

Lior Regenstreif Acquires Newbury Park Property For $2.9M
SOLDMultiFamily

Lior Regenstreif Acquires Newbury Park Property For $2.9M

917 Academy Dr, Newbury Park, Thousand Oaks, CA, USA

$2,900,000

$1,017/SF

Building Size

2,850 SF

Asset Type

MultiFamily

Closing

Aug 8, 2019

AI

The property at 917 Academy Dr in Newbury Park has been sold for $2,900,000. The transaction took place on 08/09/2019. The property is a 2,850 square foot space with a price per square foot of $1,017.54. The sale was facilitated by broker Lior Regenstreif.

Summary of transaction details:

  • Property Type: SALE
  • Transaction Amount: $2,900,000
  • Address: 917 Academy Dr, Newbury Park
  • Market: Newbury Park
  • Date: 08/09/2019
  • Broker: Lior Regenstreif
  • Square Footage: 2,850
  • Price Per Square Foot: $1,017.54

The sale of this property was a successful transaction, thanks to the efforts of broker Lior Regenstreif.

Players

Lior Regenstreif

Marcus & Millichap

Broker

$131.8M

vol

14 deals

Broker

Thousand Oaks 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

5.47%

Cash-on-Cash

-1.56%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93