Updated Oct 28, 2024
United States Marshal Services Sells Multifamily Asset In Santa Rosa, CA For $38.5M
960 Doubles Drive, Santa Rosa, California 95407, United States
$38,500,000
Units
100
Asset Type
MultiFamily
Closing
Aug 31, 2022
About this deal
AI
The multifamily property located at 960 Doubles Drive in Santa Rosa, CA has been sold for a total price of $38,500,000. The transaction took place on September 1, 2022, and involved 100 units, resulting in an average price per unit of $385,000. The seller of the property was the United States Marshal Services.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $38,500,000
- Units: 100
- Price per Unit: $385,000
- Address: 960 Doubles Drive
- Market: Santa Rosa, CA
The sale of this multifamily property was facilitated by the brokers Reza Ghobadi, Darrin Kennedy, and Dan Feldman from Colliers. They represented the seller, United States Marshal Services, in the transaction.
Players
Santa Rosa MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Visit Reza Ghobadi to view all their deals.
Browse California multifamily sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.41%
Cash-on-Cash
-0.12%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93