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101 West Taylor Road

Updated Dec 4, 2024

Sonny Uppal Facilitates $3.45M Sale Of Development Site In Turlock, CA
SOLDDevelopment Site

Sonny Uppal Facilitates $3.45M Sale Of Development Site In Turlock, CA

101 West Taylor Road & 103 West Taylor Road

$3,450,000

Building Size

Asset Type

Development Site

Closing

Oct 18, 2023

About this deal

AI

The development site located at 101-103 West Taylor Road in Turlock, CA has been sold for a price of $3,450,000. The property offers a prime opportunity for development and is situated in a desirable location in Turlock.

Summary of transaction details:

  • Property Type: Development Site
  • Transaction Amount: $3,450,000
  • Address: 101-103 West Taylor Road, Turlock, CA
  • Market: Turlock, CA
  • Seller: Michael O. Reed
  • Seller's Representative: Sonny Uppal - Lifestyle Land

Sonny Uppal from Lifestyle Land represented the seller, Michael O. Reed, in this transaction. The sale of the development site marks an important milestone for both the seller and the buyer, providing an opportunity to capitalize on the property's potential.

Players

Sonny Uppal

Lifestyle Realty

Broker

$3.5M

vol

1 deal

Broker

Turlock Development Site Market Snapshot

Boundary boundary · Development Site · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

4.60%

Cash-on-Cash

-1.31%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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