SOLD
Eric Chen & Blake Torgerson Sell Multifamily Property In Brawley For $4.5M
650 North Imperial Avenue
MultiFamily
51,600 SF
51,600 SF
Sold 1 year ago
Summary
Sale
CALIFORNIA
MultiFamily
51,600 sqft
A multifamily property located at 650 N. Imperial Avenue in Brawley has been sold for $4,459,000. The property consists of 41 units, with an average price per unit of $108,756. The total square footage of the property is 51,600, resulting in a price per square foot of $86. The capitalization rate for this transaction is 6.08%.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $4,459,000
- Units: 41
- Price Per Unit: $108,756
- Square Footage: 51,600
- Price Per Square Foot: $86
- Capitalization Rate: 6.08%
The sale of this multifamily property was facilitated by Eric Chen from Eric_C_Chen and Blake Torgerson from BlakeTorg32.
Players
All
3
Agents
2
Agencies
1
Details
SOLD
IMAGE: Eric Chen & Blake Torgerson
DATE: 02/10/2021
ADDRESS: 650 N. Imperial Avenue
MARKET: Brawley
ASSET TYPE: Multifamily
BROKERS: Eric Chen @Eric_C_Chen & Blake Torgerson @BlakeTorg32
SALE PRICE: $4,459,000
UNITS: 41 ~ PPU: $108,756
SF: 51,600 ~ PPSF: $86
CAP: 6.08%View on map
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Address650 North Imperial Avenue
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