Updated Dec 4, 2024
Meridian Capital Group Brokers Secure $4.1M Loan For Paramount Industrial Property
7333 Adams Street
$4,113,000
$273/SF
Building Size
15,040 SF
Asset Type
Industrial
Closing
Jan 30, 2024
About this deal
AI
The industrial property located at 7333 Adams Street in Paramount, CA, has been involved in a recent loan transaction. The property spans across 15,040 square feet, and its market is in Paramount, CA.
Summary of transaction details
- Property Type: Industrial
- Loan Amount: $4,113,000
- Loan Type: Acquisition
The loan, amounting to $4,113,000, was obtained for the acquisition of the industrial property at 7333 Adams Street. The transaction was facilitated by brokers Jason Labriola, Matt Buggenhagen, and Anthony Colicino from Meridian Capital Group.
On the Map
$4,113,000
$273/SF
Industrial
View full map
Players
Paramount Industrial Market Snapshot
Boundary boundary · Industrial · Loan transactions
Loading comparables…
Deal FAQ
Visit Anthony Colicino to view all their deals.
Browse Paramount industrial loans on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.86%
Cash-on-Cash
-1.10%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93