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17708 Rowland St, La Puente...

EverWest Real Estate Investors LLC Acquires Property In Rowland Heights For $38.5M
SOLD

EverWest Real Estate Investors LLC Acquires Property In Rowland Heights For $38.5M

17708 Rowland St, La Puente, CA, 91...

$38,500,000

$211/SF

Building Size

181,730 SF

Asset Type

Closing

Nov 20, 2023

AI

The property asset involved in this transaction is located at 17708 Rowland St, La Puente, CA, in the Rowland Heights market. It was sold for a transaction amount of $38,500,000.00 and encompasses a total area of 181,730 square feet.

Summary of transaction details:

  • Property Type: Not specified
  • Transaction Amount: $38,500,000.00
  • Address: 17708 Rowland St, La Puente, CA
  • Market: Rowland Heights
  • Buyer's Name: EverWest Real Estate Investors LLC
  • Seller's Representative: Bobby Mills-Berkadia

This transaction involved EverWest Real Estate Investors LLC as the buyer. Bobby Mills-Berkadia represented the seller in this deal, facilitating the sale process and providing necessary insights and support throughout the transaction.

Players

Bobby Mills

Berkadia

Broker

$46M

vol

2 deals

Broker
EverWest Real Estate Investors
EverWest Real Estate InvestorsBuyer

Rowland Heights 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

0.41%

Cash-on-Cash

-0.12%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93