Kamran Noman Acquires Industrial Property In Camarillo For $7.4M
1220 Avenida Acaso, Camarillo, CA, USA
$7,425,000
$110/SF
Building Size
67,203 SF
Asset Type
Industrial
Closing
Oct 21, 2021
AI
An industrial property located at 1220-1240 Avenida Acaso in Camarillo was sold on October 21, 2021. The property spans across 67,203 square feet and was sold for a price of $7,425,000, resulting in a price per square foot of $110.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $7,425,000
- Market: Camarillo
- Buyer: Kamran Noman
- Seller: George Graham
- Buyer's Representative: Frank Lahijani & Vee Sookiasian - Global Commercial Real Estate
- Seller's Representative: Mike Wax - IPA Commercial
The buyer, Kamran Noman, was represented by Frank Lahijani and Vee Sookiasian from Global Commercial Real Estate, while the seller, George Graham, was represented by Mike Wax from IPA Commercial.
Players
Camarillo 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
2.14%
Cash-on-Cash
-0.61%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93