INH Investment LLC Sells Industrial Property In Garden Grove For $9M
13831 Seaboard Circle, Garden Grove, California 92843, United States
$9,000,000
$409,090/SF
Building Size
22 SF
Asset Type
Industrial
Closing
Dec 28, 2022
AI
An industrial property located at 13831 Seaboard Circle in Garden Grove has been sold for $9,000,000. The property spans 22,000 square feet and was sold by INH Investment LLC. The sale price per square foot is $409.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $9,000,000
- Address: 13831 Seaboard Circle
- Market: Garden Grove
- Square Footage: 22,000
The deal was facilitated by the brokers Mike Barreiro, Devin Ray, Michael Collins, and Dustin Hullinger from Daum Capital Markets.
Players
Garden Grove 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
1.76%
Cash-on-Cash
-0.50%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93