CapRock Partners Acquires 22.88-Acre Development Site In Moreno Valley For $28.5M
30050 Eucalyptus St Moreno Valley, CA 92555, USA
$28,500,000
Building Size
—
Asset Type
Development Site
Closing
Jun 7, 2023
AI
Inland Empire-based real estate firm CapRock Partners has acquired a 22.88-acre industrial development site in Moreno Valley. The property, located at 30050 Eucalyptus Street, was purchased from CRG for a sale price of $28,500,000.
Summary of transaction details
- Property Type: Development Site
- Transaction Amount: $28,500,000
- Market: Moreno Valley
- Address: 30050 Eucalyptus Street
- Buyer: CapRock Partners - Patrick Daniels
- Seller: CRG
The acquisition of the 22.88-acre industrial development site in Moreno Valley was made by CapRock Partners, with Patrick Daniels representing the buyer. The property, located at 30050 Eucalyptus Street, was sold by CRG.
Players
Los Angeles 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
0.56%
Cash-on-Cash
-0.16%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93