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
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.
Los Angeles 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
7.69%
Cash-on-Cash
-2.20%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93