Updated Oct 28, 2024
DN Holdings LLC Acquires Multifamily Property In Carlsbad For $5.2M
941 Oak Avenue, Carlsbad, California 92008, United States
$5,200,000
Units
11
Asset Type
MultiFamily
Closing
Feb 14, 2022
About this deal
AI
A multifamily property located at 941-947 Oak Ave. in Carlsbad has been sold for a total price of $5,200,000. The transaction took place on 02/15/2022 and involved 11 units. The buyer, DN Holdings LLC, acquired the property from the seller, North A LLC, in this closed property transaction.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $5,200,000
- Units: 11
- Price per Unit: $472,727
The sale of the property at 941-947 Oak Ave. was facilitated by brokers Abe Peay and Jeff Diller of South Coast Commercial Inc. They represented the buyer, DN Holdings LLC, and played a key role in ensuring the successful completion of the transaction.
On the Map
$5,200,000
MultiFamily
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Players
Carlsbad 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
3.05%
Cash-on-Cash
-0.87%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93