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
La Quinta Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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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