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1356 West Stoneridge Court

Grant Lin Acquires Multifamily Property At 1356 West Stoneridge Court For $1.685M With CBRE
SOLDMultiFamily

Grant Lin Acquires Multifamily Property At 1356 West Stoneridge Court For $1.685M With CBRE

1356 West Stoneridge Court

$1,685,000

$319/SF

Building Size

5,273 SF

Asset Type

MultiFamily

Closing

Nov 14, 2025

AI

The property asset involved in the transaction is a multifamily property located at 1356 West Stoneridge Court in Ontario. The sale price of the property was $1,685,000 for a total of 8 units, with a price per unit of $210,625. The building encompasses a total square footage of 5,273, resulting in a price per square foot of $319.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,685,000
  • Units: 8
  • Price Per Unit: $210,625
  • Square Footage: 5,273
  • Price Per Square Foot: $319
  • Buyer: Grant Lin
  • Seller: David Jackson
  • Buyer's Representative: Eric Chen - CBRE
  • Seller's Representative: Blake Torgerson - CBRE
  • Date of Transaction: 11/14/2025

The deal's key individuals include Grant Lin as the buyer and David Jackson as the seller. Eric Chen and Blake Torgerson, both from CBRE, represented the buyer and seller, respectively, facilitating the transaction.

Players

Blake Torgerson

CBRE

Broker

$286.1M

vol

48 deals

Broker
CBRE
CBREBrokerage

Grant Lin

Buyer

$114.5M

vol

10 deals

Buyer

David Jackson

Seller

$3.6M

vol

3 deals

Seller

Ontario 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

9.41%

Cash-on-Cash

-2.69%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93