Wood Investments Companies Inc Purchases Bakersfield Property For $1.44M With Garret Tuckness As Seller's Rep
SOLD
$1,440,000
California
See Similar Deals7,002 SF
SOLD
Wood Investments Companies Inc Purchases Bakersfield Property For $1.44M With Garret Tuckness As Seller's Rep
6473 Niles St, Bakersfield, CA, 93306
See Similar Deals7,002 SF
Summary
CALIFORNIA
Price Per Square Foot:$205
Total Square Footage:7,002 SF
Transaction Type:Sale
The property located at 6473 Niles St, Bakersfield, CA, 93306, has a total square footage of 7,002 and was sold for $1,440,000.00 in the Bakersfield market.
Summary of transation details:
- Property Type: Sale
- Transaction Amount: $1,440,000.00
- Square Footage: 7,002
- Address: 6473 Niles St, Bakersfield, CA, 93306
- Market: Bakersfield
- Seller's Representative: Garret Tuckness-Colliers International
- Buyer: Wood Investments Companies, Inc
Garret Tuckness of Colliers International represented the seller in this transaction, while Wood Investments Companies, Inc acted as the buyer in the agreement.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$76,800.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$5,116.02
Cash-on-Cash Return-1.27%
Monthly Debt Service$6,826.33
Annual Debt Service$81,916.02
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