SOLD
Positive Investments Acquires Multifamily Property In Sylmar For $7.24M
15500 Foothill Boulevard
MultiFamily
18,653 SF
18,653 SF
Sold 1 year ago
Summary
Sale
CALIFORNIA
MultiFamily
18,653 sqft
The property involved in this transaction is a multifamily asset located at 15500 Foothill Blvd. in Sylmar. The sale took place on 06/25/2021. The property consists of 35 units with a total square footage of 18,653. The asking price for this property was $7,200,000, and it was sold for $7,240,000, resulting in a price per unit (PPU) of $207,000. The price per square foot (PPSF) is $389, and the capitalization rate (CAP) is 4.5%.
Summary of Transation Details:
- Property Type: Multifamily
- Transaction Amount: $7,240,000
- Address: 15500 Foothill Blvd., Sylmar
- Market: Sylmar
- Units: 35
- Square Footage: 18,653
- Price per Unit (PPU): $207,000
- Price per Square Foot (PPSF): $389
- Capitalization Rate (CAP): 4.5%
The buyer in this transaction is Positive Investments. The brokers involved in the deal are Alex Dorfman and Brett Sanson from Marcus & Millichap.
Players
All
3
Agents
2
Agencies
1
Details
SOLD
IMAGE: Brett Sanson & Alex Dorfman
DATE: 06/25/2021
ADDRESS: 15500 Foothill Blvd.
MARKET: Sylmar
ASSET TYPE: Multifamily
BUYER: Positive Investments
BROKERS: Alex Dorfman (@AJDorfmanCRE ) & Brett Sanson (@TheBrettSansonTeam) - Marcus & Millichap
ASKING PRICE: $7,200,000
SALE PRICE: $7,240,000
UNITS: 35 ~ PPU: $207,000
SF: 18,653 ~ PPSF: $389
CAP: 4.5%View on map
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Address15500 Foothill Boulevard
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