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.
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