Updated Oct 19, 2026
Western National Group And ASB Real Estate Investments Acquire MultiFamily Asset In Rancho Cucamonga For $226.56M
9200 Milliken Ave
$226,560,000
Building Size
—
Asset Type
MultiFamily
Closing
Sep 1, 2021
About this deal
AI
The asset involved in this transaction is a MultiFamily property located at 9200 Milliken Ave in Rancho Cucamonga. The property was sold for a price of $226,560,000.00.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $226,560,000.00
- Sale Date: 09/01/2021
- Address: 9200 Milliken Ave
- Market: Rancho Cucamonga
- Buyer: Western National Group | ASB Real Estate Investments
- Broker: Derrek Ostrzyzek - CBRE
The transaction was facilitated by Derrek Ostrzyzek of CBRE, serving as the broker representing the sale of the property. The buyers of the asset are Western National Group and ASB Real Estate Investments.
On the Map
$226,560,000
MultiFamily
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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
0.07%
Cash-on-Cash
-0.02%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93