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11090 Alameda Street

Carebf Inc. Facilitates $3.6M Sale Of Industrial Property In Mid-Cities Los Angeles
SOLDIndustrial

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

Eric S. Chavez, CCIM
Verified Badge

Eric S. Chavez, CCIM

CAREBf, Inc.

Broker

$39M

vol

12 deals

Broker

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