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11087 Tuxford St, Sun Valle...

Norman Celik Acquires Industrial Property In Sun Valley For $2.15M
SOLD

Norman Celik Acquires Industrial Property In Sun Valley For $2.15M

11087 Tuxford St, Sun Valley, CA 91352, USA

$2,150,000

$25/SF

Building Size

84,870 SF

Asset Type

Closing

Sep 10, 2020

AI

The industrial property located at 11087 Tuxford St in Sun Valley has been sold for a total price of $2,150,000. The property spans across 8,487 square feet, resulting in a price per square foot of $253.33.

Summary of transation details

  • Property Type: Industrial
  • Transaction Amount: $2,150,000
  • Square Footage: 8,487
  • Price per Square Foot: $253.33
  • Address: 11087 Tuxford St, Sun Valley
  • Market: Sun Valley

The buyer of the property is Norman Celik, while the seller is the James W Barker Trust. The brokers involved in the deal are David Schatz, Ryan Serling, and Martin Agnew, representing the AgnewSerlingGroup.

Players

David Schatz

Marcus & Millichap

Broker

$20.4M

vol

8 deals

Broker

Los Angeles CRE Market Snapshot

Boundary boundary · CRE · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

7.38%

Cash-on-Cash

-2.11%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93