Updated Oct 19, 2026
TruAmerica Multifamily Inc And ASB Capital Management Acquire Fountain Valley Multifamily For $85.75M
9580 El Rey Ave
$85,750,000
Building Size
—
Asset Type
MultiFamily
Closing
Aug 1, 2018
About this deal
AI
The property involved in this transaction is a MultiFamily asset located at 9580 El Rey Ave in Fountain Valley. The transaction took place on 08/01/2018 and the total price for the property was $85,750,000.00.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $85,750,000.00
- Address: 9580 El Rey Ave
- Market: Fountain Valley
- Buyer: TruAmerica Multifamily, Inc. | ASB Capital Management
- Broker: Derrek Ostrzyzek - CBRE
The deal was facilitated by Derrek Ostrzyzek from CBRE, who represented the transaction. The buyer, TruAmerica Multifamily, Inc. in collaboration with ASB Capital Management, played a significant role in this acquisition.
On the Map
$85,750,000
MultiFamily
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Players
Fountain Valley 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
0.18%
Cash-on-Cash
-0.05%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93