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La Quinta, CA, USA

Dave & Tara Dollinger Of Dollinger Properties Acquire $17.5M SFR In La Quinta With Ginger Glass As The Broker
SOLDSingle Family Residence

Dave & Tara Dollinger Of Dollinger Properties Acquire $17.5M SFR In La Quinta With Ginger Glass As The Broker

La Quinta, CA, USA

$17,500,000

$1,757/SF

Building Size

9,956 SF

Asset Type

Single Family Residence

Closing

Jan 5, 2021

AI

Ginger Glass of Compass and Hideaway Properties represented the buyer, Dave & Tara Dollinger of Dollinger Properties, in the purchase of a single-family residence in La Quinta. The property, with a total square footage of 11,685, was sold for a price of $17,500,000, resulting in a price per square foot of $1,497.

Summary of transaction details:

  • Property Type: SFR
  • Transaction Amount: $17,500,000
  • Market: La Quinta

Dave & Tara Dollinger, owners of Dollinger Properties, acquired the property in this transaction. Ginger Glass, who works at both Compass and Hideaway Properties, represented the buyers as their broker. No additional information about the property or the transaction was provided.

Players

Ginger Glass

Compass

Broker

$391.1M

vol

17 deals

Broker
DP
Dollinger PropertiesBuyer

La Quinta Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.91%

Cash-on-Cash

-0.26%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93