Updated Oct 29, 2024
Bailey California Properties LLC Acquires Property From WW 150 Perris LLC For $5.7M
150 W Walnut Ave, Perris, CA, 92571
$5,700,000
$113/SF
Building Size
50,257 SF
Asset Type
—
Closing
Nov 19, 2023
About this deal
AI
150 W Walnut Ave, Perris, CA, 92571 is the property involved in this transaction. The asset is situated in the Perris market, comprising a total area of 50,257 square feet and was transacted for a price of $5,700,000.00.
Summary of transaction details:
- Property Type: Not specified
- Transaction Amount: $5,700,000.00
- Address: 150 W Walnut Ave, Perris, CA, 92571
- Market: Perris
- Seller: WW 150 Perris, LLC
- Buyer: Bailey California Properties, LLC
- Seller's Representative: Cody Lerner - Avison Young
The transaction was facilitated by Cody Lerner, who represented WW 150 Perris, LLC, the seller in this deal, while Bailey California Properties, LLC acted as the buyer, completing the acquisition process effectively.
On the Map
$5,700,000
$113/SF
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Players
Perris 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
2.78%
Cash-on-Cash
-0.80%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93