CBRE Brokers $4.25M Sale Of Multifamily Property In Anaheim
921 S Trident St Anaheim, Ca 92804, Usa
$4,250,000
Building Size
—
Asset Type
MultiFamily
Closing
Jul 18, 2023
AI
An attractive 12-unit multifamily property in Anaheim, California has been sold for $4.25 million. The property, located at 921-927 South Trident Street, presented a promising opportunity in a competitive rental market with limited inventory.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $4,250,000
- Market: Anaheim
CBRE brokered the sale of this property to a private investor engaged in a 1031 exchange. The transaction was facilitated by Sean Farag, Dan Blackwell, and Andrew Boukather - CBRE representatives. This successful deal highlights the expertise and capability of CBRE in the real estate industry.
Players
Los Angeles 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
3.73%
Cash-on-Cash
-1.07%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93