Updated Oct 29, 2024
Anthony Nunez Acquires 6-Unit Multifamily In Corona For $900K
108-78 42nd Avenue
$900,000
$141/SF
Building Size
6,375 SF
Asset Type
MultiFamily
Closing
Aug 2, 2023
About this deal
AI
A multifamily property located at 108-78 42nd Avenue in Corona was recently sold for a price of $900,000. The property consists of 6 units, with a price per unit of $150,000. The total square footage of the property is 6,375, resulting in a price per square foot of $141.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $900,000
- Units: 6
- Price per Unit: $150,000
- Square Footage: 6,375
- Price per Square Foot: $141
- Address: 108-78 42nd Avenue, Corona
- Market: Corona
The buyer of the property was Anthony Nunez, while the seller was Mission Real Estate Funding. The transaction was facilitated by brokers Daniel O'Brien, Dylan Walsh, and Nick Kolbus from Cushman & Wakefield.
Players
Market MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
17.63%
Cash-on-Cash
-5.04%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93