80-Unit Senior Apartment Community

15878 Larkspur Street | Sylmar, CA

Sales Price: $9,625,000

Seller: Sylmar Villas LP

Buyer: Undisclosed

Units: 80

Price per Unit: $120,313

Price per Sq. Ft.: $148.08

Current CAP: 7.08%

Current GRM: 8.48

Market CAP: 7.91%

Market GRM: 7.86

Year Built: 2003

Lot Size Sq. Ft.: 2.955 Acres

Gross Bldg. Sq. Ft.: 65,000

Net Rentable Sq. Ft.: 64,480