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34620 Del Obispo Street, Da...

Marquee Funding Group, Inc. Provides $11M Acquisition Loan For Development Site In Orange County
FINANCEDDevelopment Site

Marquee Funding Group, Inc. Provides $11M Acquisition Loan For Development Site In Orange County

34620 Del Obispo Street, Dana Point, California 92629, United States

$11,000,000

$96/SF

Building Size

113,563 SF

Asset Type

Development Site

Closing

Sep 1, 2022

AI

A development site located at 34620 Del Obispo St. & 25325 Dana Point Harbor Dr. in Orange County has been involved in a closed property transaction. The site has a building square footage (BSF) of 113,500 and a total square footage (SF) of 113,563. The transaction took place on 09/02/2022.

Summary of transaction details:

  • Property Type: Development Site
  • Transaction Amount: $11,000,000
  • Address: 34620 Del Obispo St. & 25325 Dana Point Harbor Dr., Orange County
  • Market: Orange County
  • BSF: 113,500
  • SF: 113,563

The lender for this transaction was Marquee Funding Group, Inc., represented by Steven Simantob. The loan amount provided was $11,000,000, and it was an acquisition loan. For inquiries regarding financing options for real estate transactions, Marquee Funding Group can be contacted at [email protected] or by calling (818) 222-5222.

Contact information for Steven Simantob, the representative of Marquee Funding Group, Inc., is as follows: - Email: [email protected] - Phone: (818) 222-5222 ext.117

Players

Marquee Funding Group
Marquee Funding GroupLender

Dana Point Development Site Market Snapshot

Boundary boundary · Development Site · Loan transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.44%

Cash-on-Cash

-0.41%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93