Private Investor Acquires Property At 2060 Zocolo St Oxnard For $92.25M With Joe Leonardo As Seller's Rep
SOLD
$92,250,000
California
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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
See Similar DealsSummary
CALIFORNIA
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$4,920,000.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$327,744.77
Cash-on-Cash Return-1.27%
Monthly Debt Service$437,312.06
Annual Debt Service$5,247,744.77
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