Updated Dec 19, 2023
Jason Biggs Acquires Walnut Creek Single Family For $20M
2770 Jones Road, Walnut Creek, California 94597, United States
$20,000,000
$2,874/SF
Building Size
6,957 SF
Asset Type
Single Family Residence
Closing
May 17, 2022
About this deal
AI
The property at 2770 Jones Rd, 2751 Oak Rd, and 2771 Oak Rd in Walnut Creek, CA has been sold in a closed transaction. The single-family home has a total square footage of 6,957. The sale took place on May 18, 2022. The buyer, Jason Biggs, acquired the property from Adrian F Mendes and Susan S Mendes. The transaction price was $20,000,000, resulting in a price per square foot of $2,874.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $20,000,000
- Market: Walnut Creek, CA
The buyer in this deal was represented by a broker named Jason Biggs. Adrian F Mendes and Susan S Mendes acted as the sellers. This transaction represents a significant investment opportunity in the Walnut Creek real estate market.
Players
Walnut Creek Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $2.9K per square foot on a published $20M for 6,957 square feet (2022).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.79%
Cash-on-Cash
-0.23%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93