Updated Nov 23, 2023
Cobby Pourtavosi Sells Motel/Apartments At 10317 Whittier Blvd For $8.025M
10317 Whittier Boulevard, Whittier, CA 90606, USA
$8,025,000
$107/SF
Building Size
75,000 SF
Asset Type
Other
Closing
Dec 17, 2018
About this deal
AI
A multifamily property located at 10317 Whittier Blvd was recently sold for $8,025,000. The property consists of 102 units with a total square footage of 75,000. The price per unit was $78,000, and the price per square foot was $107.
Summary of transaction details
- Property Type: Motel/Apartments
- Transaction Amount: $8,025,000
- Units: 102
- Price per Unit: $78,000
- Square Footage: 75,000
- Price per Square Foot: $107
The sale of this property was completed on 12/18/2018. Cobby Pourtavosi represented the seller in the transaction.
Players
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.98%
Cash-on-Cash
-0.56%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93