Carebf Inc. Facilitates $3.6M Sale Of Industrial Property In Mid-Cities Los Angeles
11090 Alameda Street
$3,600,000
$244/SF
Building Size
14,700 SF
Asset Type
Industrial
Closing
Jul 29, 2022
AI
Located at 11090 Alameda St. in the Mid-Cities Los Angeles market, a 14,700 square foot industrial property has recently been sold for a price of $3,600,000. The sale price translates to a price per square foot of $244, highlighting the value of this transaction.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $3,600,000
- Address: 11090 Alameda St.
- Market: Mid-Cities Los Angeles
- Square Footage: 14,700
- Price per Square Foot: $244
The seller of this industrial property was Lqbal Faisal. Leading the deal on behalf of the seller was Eric S. Chavez, CCIM, and Jorge Chavez from CAREBF Inc. (@Carebf_Inc).
CAREBF Inc. specializes in assisting small business owners who are turning from leaseholders to property owners. Their expertise played a crucial role in facilitating this transaction.
Players
Nashville-Davidson Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.41%
Cash-on-Cash
-1.26%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93