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6275 Lance Dr, Riverside, C...

Dedeaux Properties Acquires Property In Riverside Represented By Buyer’s Rep Chris DeVries
SOLD

Dedeaux Properties Acquires Property In Riverside Represented By Buyer’s Rep Chris DeVries

6275 Lance Dr, Riverside, CA, 92507

Building Size

Asset Type

Closing

Nov 19, 2023

AI

The transaction involved a property located at 6275 Lance Dr, Riverside, CA, 92507, within the Riverside market. The specifics regarding the price and square footage of the property are not provided.

Summary of transaction details:

  • Property Type: Unknown
  • Transaction Amount: Unknown
  • Address: 6275 Lance Dr, Riverside, CA, 92507
  • Market: Riverside
  • Buyer: Dedeaux Properties
  • Buyer's Representative: Chris DeVries
  • Seller: Unknown

This transaction highlights the involvement of Dedeaux Properties as the buyer, represented by Chris DeVries. The seller remains unidentified in this transaction.

Players

Chris DeVries

Broker

$105.5M

vol

3 deals

Broker
DP
Dedeaux PropertiesBuyer

Riverside 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

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93