Woodman Limited Acquires Multifamily In Van Nuys For $5.9M
SOLD
$5,925,000
Connecticut
See Similar DealsMultiFamily26,920 SF
Sold 10/14/2020
SOLD
Woodman Limited Acquires Multifamily In Van Nuys For $5.9M
7410 Woodman Ave, Van Nuys, Ca 91405, Usa
See Similar DealsMultiFamily26,920 SF
Sold 10/14/2020
Summary
CONNECTICUT
Asset Type:MultiFamily
Price Per Square Foot:$220
Total Square Footage:26,920 SF
Transaction Type:Sale
A multifamily property located at 7410 Woodman Ave in Van Nuys, California has been sold for $5,925,000. The property spans a total of 26,920 square feet, resulting in a price per square foot of $227.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $5,925,000
- Address: 7410 Woodman Ave, Van Nuys, California
- Market: Van Nuys, California
The buyer in this transaction was Woodman Limited, while the seller was Mark Kaufman. The deal was facilitated by brokers David Leibowitz and Chris Thompson.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$316,000.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$21,050.27
Cash-on-Cash Return-1.27%
Monthly Debt Service$28,087.52
Annual Debt Service$337,050.27
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