Updated Dec 21, 2023
21603 Devonshire St Hotel In Chatsworth Sold For $15.6M
21603 Devonshire Street, Chatsworth, CA, USA
$15,570,000
$590/SF
Building Size
26,366 SF
Asset Type
Hotel
Closing
Dec 14, 2020
About this deal
AI
21603 Devonshire St in Chatsworth was recently sold in a closed transaction for a total of $15,570,000. The property is a hotel with a total square footage of 26,366. The price per square foot (PPSF) was $590, and the price per key (PPK) was $204,868. This sale took place on December 15, 2020.
Summary of transaction details
- Property Type: Hotel
- Transaction Amount: $15,570,000
- Square Footage: 26,366
- Price per Square Foot (PPSF): $590
- Price per Key (PPK): $204,868
The sale of 21603 Devonshire St was facilitated by broker Sam Liberow from The Liberow Group. He represented the buyer and seller in this transaction.
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.02%
Cash-on-Cash
-0.29%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93