Updated Oct 29, 2024
Shlomi Ronen Represents 5-Ronin In $8M Poway Land Acquisition Loan
12690 Danielson Court, Poway, California 92064, United States
$8,000,000
Building Size
—
Asset Type
—
Closing
Apr 1, 2023
About this deal
AI
Located at 12690 Danielson Court in Poway, CA, this land asset spans approximately 2.8 acres. The property was recently involved in a closed transaction, with the details as follows:
Summary of transaction details:
- Property Type: Land
- Date: 01/04/2023
- Market: Poway, CA
- Landlord: 5-Ronin
- Broker: Shlomi Ronen - Dekel Capital
- Loan Amount: $8,000,000
- Loan Type: Acquisition Loan
The acquisition loan for this property amounted to $8,000,000. Shlomi Ronen from Dekel Capital served as the broker representing the parties involved in the transaction.
On the Map
$8,000,000
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Players
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.98%
Cash-on-Cash
-0.57%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93