Shaw Development Partners Sells Property In Yucca Valley For $18.23M With Juan Gutierrez As Seller's Rep
2705 Lexington Ave, Yucca Valley, CA...
$18,230,000
$118/SF
Building Size
154,451 SF
Asset Type
—
Closing
Nov 20, 2023
AI
The property involved in this transaction is located at 2705 Lexington Ave, Yucca Valley, CA, within the San Bernardino market. The property was sold for a total price of $18,230,000.00 and has a total square footage of 154,451. It is associated with Shaw Development Partners as the seller.
Summary of transaction details:
- Property Type: Sale
- Transaction Amount: $18,230,000.00
- Address: 2705 Lexington Ave, Yucca Valley, CA
- Market: San Bernardino
- Seller: Shaw Development Partners
- Buyer: Unknown
- Seller's Representative: Juan Gutierrez
This transaction involves Shaw Development Partners as the seller, with representation by Juan Gutierrez. The buyer remains unidentified in this transaction. The deal reflects the activities and negotiations facilitated in the San Bernardino real estate market.
Players
San Bernardino 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
0.87%
Cash-on-Cash
-0.25%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93