Afshin Sooferian Sells Industrial Property At 11571 Sheldon Street To Laura Meldere For $2.575M
11571 Sheldon Street
$2,575,000
$204/SF
Building Size
12,617 SF
Asset Type
Industrial
Closing
May 7, 2025
AI
The property asset involved in this transaction is an industrial asset located at 11571 Sheldon Street in the Sun Valley market. The sale was completed for a total price of $2,575,000, with a total square footage of 12,617, resulting in a price per square foot of $204.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $2,575,000
- Address: 11571 Sheldon Street
- Market: Sun Valley
- Square Footage: 12,617
- Price per Square Foot: $204
- Seller: Afshin Sooferian
- Buyer's Representative: Laura Meldere - Beverly & Company
The deal involved Afshin Sooferian as the seller, with Laura Meldere representing the buyer through Beverly & Company. Their roles facilitated the successful closure of the transaction, ensuring all parties were effectively represented throughout the process.
Players
Sun Valley 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
6.16%
Cash-on-Cash
-1.76%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93