facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

California

/

Multifamily

/

Sale

/

9301 E Heaney Cir, Santee, ...

Yuan Shen Acquires Multifamily Property In Santee, CA For $7.16M
SOLDMultiFamily

Yuan Shen Acquires Multifamily Property In Santee, CA For $7.16M

9301 E Heaney Cir, Santee, California 92071, United States

$7,159,000

$511,357/SF

Building Size

14 SF

Asset Type

MultiFamily

Closing

Apr 17, 2023

AI

A multifamily property located at 9301 E Heaney Cir in Santee, CA has been sold for a price of $7,159,000. The property consists of 10 units with an average price per unit of $715,900. It spans across 14,777 square feet, resulting in a price per square foot of $484.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $7,159,000
  • Units: 10
  • Price Per Unit: $715,900
  • Square Footage: 14,777
  • Price Per Square Foot: $484

The buyer of the property is Yuan Shen, while the seller is Bryan Underwood & Sean Jones. The transaction was facilitated by Aaron Bove of The Bove Group.

Players

Aaron Bove

Marcus & Millichap

Broker

$46.4M

vol

12 deals

Broker

Santee 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

2.22%

Cash-on-Cash

-0.63%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93