Hotel In Hawthorne Sold For $17.75M With James Antonucci, Mike Pesci And Dario Svidler As Brokers
5250 West El Segundo Boulevard
$17,750,000
$193/SF
Building Size
91,978 SF
Asset Type
Hotel
Closing
Jul 11, 2024
AI
The property asset involved in the transaction is a hotel located at 5250 West El Segundo Boulevard in the Hawthorne market. The sale price of the property was $17,750,000. It encompasses a total square footage of 91,978, translating to a price per square foot of $193.
Summary of transaction details:
- Property Type: Hotel
- Transaction Amount: $17,750,000
- Square Footage: 91,978
- Price per Square Foot: $193
- Address: 5250 West El Segundo Boulevard
- Market: Hawthorne
The key individuals involved in the deal are brokers James Antonucci and Mike Pesci from APLA Group - Keller Williams Studio City, along with Dario Svidler from Partners CRE. These brokers facilitated the transaction for the aforementioned hotel property.
Players
Hawthorne Hotel Market Snapshot
Boundary boundary · Hotel · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.89%
Cash-on-Cash
-0.26%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93