SOLDMultiFamily
Infiniti Properties & Inc. Sells Burbank Multifamily Property For $1.34M
5810 West 87th Street
$1,340,000
Building Size
—
Asset Type
MultiFamily
Closing
Dec 27, 2023
AI
In Burbank, a multifamily property located at 5810 West 87th Street has been sold for $1,340,000. The property, listed under Marek Wyszomirski of Infiniti Properties & Inc., features a desirable location in the Burbank market.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $1,340,000
- Address: 5810 West 87th Street
- Market: Burbank
Marek Wyszomirski from Infiniti Properties & Inc. facilitated the sale of this multifamily property.
Burbank MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
11.84%
Cash-on-Cash
-3.38%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93