Updated Oct 28, 2024
San Bernardino Valley MW District Acquires 1,650 Acres Of Land In Highland For $32.5M
Highland, California, United States
$32,500,000
Building Size
—
Asset Type
—
Closing
Apr 24, 2022
About this deal
AI
Heather Dyer has sold a piece of land in Highland. The property, totaling 1,650 acres, was acquired by San Bernardino Valley Municipal Water District for a sale price of $32,500,000. The transaction took place on April 25, 2022, in the Highland market.
Summary of transaction details:
- Property Type: Land
- Transaction Amount: $32,500,000
Heather Dyer represented the buyer, San Bernardino Valley Municipal Water District, in the deal. The seller was Orange Highland County Flood Control District.
The commercial sale at Highland, California, United States in Highland, California sold for $32.5M in 2022. This page is the Highland, California file for the Highland, California, United States commercial sold: pricing, party profiles, and other closed commercial comps from the same Highland sit in the Market section below. Filter that Highland commercial set by closing date to see what else sold near Highland, California, United States around 2022. Published consideration for Highland, California, United States is $32.5M, dated 2022. Cite this San Bernardino Valley MW District Acquires 1,650 Acres Of Land In Highland For $32.5M sale when underwriting similar commercial product around Highland, California.
Players
Highland CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
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Deal FAQ
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.49%
Cash-on-Cash
-0.14%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93