Private Investor Acquires Property From Fin-West Group In Ontario For $8.28M
1131 W 6th St, Ontario, CA, 91762
$8,279,999
$136/SF
Building Size
60,800 SF
Asset Type
—
Closing
Nov 19, 2023
AI
The property involved in this transaction is located at 1131 W 6th St, Ontario, CA, 91762. It has a total square footage of 60,800 and is situated in the Ontario market. The transaction was valued at $8,279,999.00.
Summary of transaction details:
- Property Type: Sale
- Transaction Amount: $8,279,999.00
- Square Footage: 60,800
- Address: 1131 W 6th St, Ontario, CA, 91762
- Market: Ontario
- Seller: Fin-West Group
- Buyer: Private Investor
- Seller's Representative: Christopher Larimore-Lee & Associates
This transaction features a private investor as the buyer, while Fin-West Group is the seller. The seller's representative for this deal is Christopher Larimore-Lee & Associates, facilitating the transaction between the involved parties.
Players
Ontario 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
1.92%
Cash-on-Cash
-0.55%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93