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2060 Zocolo St, Oxnard, CA,...

Private Investor Acquires Property At 2060 Zocolo St Oxnard For $92.25M With Joe Leonardo As Seller's Rep
SOLD

Private Investor Acquires Property At 2060 Zocolo St Oxnard For $92.25M With Joe Leonardo As Seller's Rep

2060 Zocolo St, Oxnard, CA, 93030

$92,250,000

Building Size

Asset Type

Closing

Nov 20, 2023

AI

The property located at 2060 Zocolo St, Oxnard, CA, 93030, was sold for a transaction amount of $92,250,000.00. The property is situated in the Oxnard market and has a square footage of 0.

Summary of transaction details:

  • Property Type: Sale
  • Transaction Amount: $92,250,000.00
  • Address: 2060 Zocolo St, Oxnard, CA, 93030
  • Market: Oxnard
  • Seller's Representative: Joe Leonardo-Joseph C. Leonardo & Co
  • Buyer: Private Investor

The transaction involved Joe Leonardo from Joseph C. Leonardo & Co, representing the seller, and the buyer is identified as a private investor in this deal. No specific seller's details were provided.

Players

Joe Leonardo

Joseph C. Leonardo & Co

Broker

$157.8M

vol

3 deals

Broker

Oxnard 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

0.17%

Cash-on-Cash

-0.05%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93