Updated Oct 29, 2024
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
About this deal
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
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