Eric Lever Acquires Multifamily Property In Anaheim, Orange County For $7.9M
9922 Broadway, Anaheim, Orange County, CA, USA
$7,900,000
$373/SF
Building Size
21,162 SF
Asset Type
MultiFamily
Closing
May 19, 2020
AI
An apartment complex located at 9922 Broadway in Anaheim, Orange County, was recently sold in a multifamily transaction. The property spans 21,162 square feet, with a sale price of $7,900,000, resulting in a price per square foot of $373.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $7,900,000
- Address: 9922 Broadway, Anaheim, Orange County
- Market: Anaheim, Orange County
Eric Lever purchased the property from Jim & Susan Colombo. The deal was facilitated by brokers Dan Blackwell from MultifamilySocal, Priscilla Nee from PNee168, and Sara Kheradmandan from SaraKheradd.
Players
Anaheim 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
2.01%
Cash-on-Cash
-0.57%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93