Updated Oct 29, 2024
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
About this deal
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.
The industrial sale at 13831 Seaboard Circle, Garden Grove, California 92843, United States in Garden Grove, California sold for $9M in 2022. The building is 22 square feet, implying about 409.1K per square foot on the published price. Michael Collins, Dustin Hullinger, Daum Commercial Real Estate Services appear on the sale alongside Daum Commercial Real Estate Services. This page is the Garden Grove, California file for the 13831 Seaboard Circle, Garden Grove, California 92843, United States industrial sold: pricing, party profiles, and other closed industrial comps from the same Garden Grove sit in the Market section below. Filter that Garden Grove industrial set by closing date to see what else sold near 13831 Seaboard Circle, Garden Grove, California 92843, United States around 2022. Published consideration for 13831 Seaboard Circle, Garden Grove, California 92843, United States is $9M, dated 2022. Cite this INH Investment LLC Sells Industrial Property In Garden Grove For $9M sale when underwriting similar industrial product around Garden Grove, California.
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