JH Real Estate Partners Buys Santa Ana Property From Sarofim Realty Advisors For $46.46M
3601 S Bristol St, Santa Ana, CA, 92704
$46,460,000
$280/SF
Building Size
165,508 SF
Asset Type
—
Closing
Nov 20, 2023
AI
The property located at 3601 S Bristol St, Santa Ana, CA, 92704, has a transaction price of $46,460,000.00 and encompasses a total square footage of 165,508. It is situated within the Santa Ana market, providing significant commercial potential.
Summary of transaction details:
- Property Type: Sale
- Transaction Amount: $46,460,000.00
- Address: 3601 S Bristol St, Santa Ana, CA, 92704
- Market: Santa Ana
- Seller: Sarofim Realty Advisors
- Buyer: JH Real Estate Partners
- Seller's Rep: Megan Woodring, CBRE
- Broker: Kirk Brummer, CBRE
The individuals involved in this transaction include Megan Woodring representing Sarofim Realty Advisors and Kirk Brummer serving as the broker, both affiliated with CBRE, facilitating the sale to JH Real Estate Partners.
Players
Santa Ana 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
0.34%
Cash-on-Cash
-0.10%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93