Updated Sep 5, 2024
JohnHart Real Estate Acquires Industrial Property In Santa Maria For $2.06M
1158 Betteravia Rd Santa Maria, CA 93455, USA
$2,062,500
$172/SF
Building Size
11,944 SF
Asset Type
Industrial
Closing
Jul 18, 2023
About this deal
AI
An industrial property located at 1158 East Betteravia Road in Santa Maria has been sold for $2,062,500. The property spans approximately 11,944 square feet, resulting in a price per square foot of $173. The asking price for this transaction was $2,400,000.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $2,062,500
- Address: 1158 East Betteravia Road
- Market: Santa Maria
- Square Footage: 11,944
- Price per Square Foot: $173
Syuzi Hakobyan from JohnHart Real Estate represented the buyer in this deal.
The industrial sale at 1158 Betteravia Rd Santa Maria, CA 93455, USA in Los Angeles, California sold for $2.1M in 2023. The building is 11,944 square feet, implying about 172 per square foot on the published price. Syuzi Hakobyan, JohnHart Real Estate appear on the sale alongside JohnHart Real Estate. This page is the Los Angeles, California file for the 1158 Betteravia Rd Santa Maria, CA 93455, USA industrial sold: pricing, party profiles, and other closed industrial comps from the same Los Angeles sit in the Market section below. Filter that Los Angeles industrial set by closing date to see what else sold near 1158 Betteravia Rd Santa Maria, CA 93455, USA around 2023. Published consideration for 1158 Betteravia Rd Santa Maria, CA 93455, USA is $2.1M, dated 2023. Cite this JohnHart Real Estate Acquires Industrial Property In Santa Maria For $2.06M sale when underwriting similar industrial product around Los Angeles, California.
On the Map
$2,062,500
$172/SF
Industrial
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
7.69%
Cash-on-Cash
-2.20%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93