SOLD
Dai Do Acquires Anaheim Multifamily Property For $15.6M
1251 North Placentia Avenue
MultiFamily
39,514 SF
39,514 SF
Sold 1 year ago
Summary
Sale
CALIFORNIA
MultiFamily
39,514 sqft
The multifamily property located at 1251 N. Placentia Avenue in Anaheim was recently sold in a transaction facilitated by broker Dan Blackwell. The sale took place on June 30, 2021, with a sale price of $15,600,000.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $15,600,000
- Address: 1251 N. Placentia Avenue
- Market: Anaheim
The property consists of a total of 56 units, with an average price per unit of $279,000. The total square footage of the property is 39,514, resulting in a price per square foot of $395. The Gross Rent Multiplier (GRM) for the property is 14.47x, and the Capitalization Rate (CAP) is 4.0%.
The buyer of the property was Dai Do, while Kenny Ngo and Tracy Thong acted as the sellers. Dan Blackwell served as the broker representing the parties involved in the transaction.
Players
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2
Agents
1
Agencies
1
Details
SOLD
IMAGE: Dan Blackwell
DATE: 06/30/2021
ADDRESS: 1251 N. Placentia Avenue
MARKET: Anaheim
ASSET TYPE: Multifamily
BUYER: Dai Do
SELLER: Kenny Ngo & Tracy Thong
BROKER: Dan Blackwell (@MultifamilySocal)
SALE PRICE: $15,600,000
UNITS: 56 ~ PPU: $279,000
SF: 39,514 ~ PPSF: $395
GRM: 14.47x
CAP: 4.0%View on map
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Address1251 North Placentia Avenue
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