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12951 166th Street

EGY Import Export Inc. Acquires Industrial Property In LA/Mid Counties For $4.6M
SOLDIndustrial

EGY Import Export Inc. Acquires Industrial Property In LA/Mid Counties For $4.6M

12951 166th Street

$4,610,446

$384/SF

Building Size

11,998 SF

Asset Type

Industrial

Closing

Jan 10, 2024

AI

The industrial property located at 12951 166th Street in LA/Mid Counties has been sold. The property spans 11,998 square feet and was sold at a price of $4,610,446, resulting in a price per square foot of $384. The transaction took place on 01/10/2024.

Summary of transation details

  • Property Type: Industrial
  • Transaction Amount: $4,610,446
  • Address: 12951 166th Street
  • Market: LA/Mid Counties

EGY Import Export Inc., represented by Ramy Massih, acquired the property from Brenda Puckett. Dan Berkenfield of Voit Real Estate Services acted as the seller's representative in the transaction.

Players

Dan Berkenfield

Voit Real Estate Services

Broker

$21.8M

vol

3 deals

Broker

Cerritos 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

3.44%

Cash-on-Cash

-0.98%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93