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PROPERTY PERFORMANCE
Since 1975, The Cal State Companies' active-participant members have bought and sold over 10,000 multifamily units across the United States. The following is a sampling of some of Cal State Companies real estate transactions.
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PROPERTY ADDRESS
|
NUMBER OF UNITS
|
PURCHASE PRICE
|
SALES PRICE
|
NUMBER OF MONTHS
|
TOTAL RATE OF RETURN*
|
|
SAN DIEGO, CA
|
31
|
$885,000
|
$1,695,000
|
49
|
89.88%
|
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ESCONDIDO, CA
|
27
|
$1,650,000
|
$2,035,000
|
48
|
23.52%
|
|
RIVERSIDE, CA
|
46
|
$1,690,000
|
$2,362,500
|
32
|
60.00%
|
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IMPERIAL BEACH, CA
|
24
|
$1,320,000
|
$2,075,000
|
35
|
78.60%
|
|
ONTARIO, CA
|
30
|
$1,750,000
|
$2,950,000
|
42
|
78.60%
|
|
SAN JACINTO, CA
|
38
|
$1,204,000
|
$3,420,000
|
63
|
140.40%
|
|
PALM DESERT, CA
|
66
|
$2,900,000
|
$5,650,000
|
47
|
97.08%
|
|
LA MESA, CA
|
30
|
$2,750,000
|
$3,500,000
|
33
|
145.56%
|
|
PHOENIX, AZ
|
52
|
$1,502,500
|
$2,895,000
|
37
|
115.80%
|
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GLENDALE, AZ
|
33
|
$1,206,000
|
$1,575,000
|
26
|
56.76%
|
|
PHOENIX, AZ
|
42
|
$1,945,000
|
$2,900,000
|
20
|
118.20%
|
|
HIGLEY, AZ
|
72
|
$2,875,000
|
$4,025,000
|
41
|
46.92%
|
|
PHOENIX, AZ
|
44
|
$2,182,500
|
$3,100,000
|
39
|
51.72%
|
|
PHOENIX, AZ
|
122
|
$4,769,000
|
$7,000,000
|
46
|
49.08%
|
|
MESA, AZ
|
45
|
$1,825,000
|
$2,500,000
|
33
|
53.88%
|
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PHOENIX, AZ
|
71
|
$2,645,000
|
$3,065,000
|
20
|
38.40%
|
|
MESA, AZ
|
46
|
$2,010,000
|
$3,100,000
|
35
|
74.40%
|
|
MESA, AZ
|
113
|
$4,895,000
|
$8,100,000
|
34
|
92.50%
|
* Based on a 25% down payment and excluding tax benefits. The rates of return shown above are not a guarantee of the future performance of any property.
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