Pacific Castle Acquires Property At 29227 Central Ave Lake Elsinore For $44.3M With Seller's Rep Kevin Fryman
SOLD
$44,300,000
California
See Similar Deals144,034 SF
SOLD
Pacific Castle Acquires Property At 29227 Central Ave Lake Elsinore For $44.3M With Seller's Rep Kevin Fryman
29227 Central Ave, Lake Elsinore, CA...
See Similar Deals144,034 SF
Summary
CALIFORNIA
Price Per Square Foot:$307
Total Square Footage:144,034 SF
Transaction Type:Sale
The property asset involved is located at 29227 Central Ave, Lake Elsinore, CA, and encompasses a total square footage of 144,034. The transaction was completed at a price of $44,300,000. The market in which this property is situated is Lake Elsinore.
Summary of transaction details:
- Property Type: Sale
- Transaction Amount: $44,300,000.00
- Address: 29227 Central Ave, Lake Elsinore, CA
- Market: Lake Elsinore
- Seller's Representative: Kevin Fryman - Hanley Investment Group- Real Estate Advisors
- Buyer: Pacific Castle
- Square Footage: 144034
The deal involved Kevin Fryman from Hanley Investment Group - Real Estate Advisors representing the seller, while the buyer is identified as Pacific Castle. This transaction highlights the active participation of these entities in the Lake Elsinore market.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$2,362,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$157,388.54
Cash-on-Cash Return-1.27%
Monthly Debt Service$210,004.60
Annual Debt Service$2,520,055.21
Is there something missing? Send suggestions