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14746 Raymer Street, Van Nu...

Sam Ksachikian Acquires Industrial Property In Van Nuys For $7.2M
SOLDIndustrial

Sam Ksachikian Acquires Industrial Property In Van Nuys For $7.2M

14746 Raymer Street, Van Nuys, CA 91405, USA

$7,200,000

$195/SF

Building Size

36,920 SF

Asset Type

Industrial

Closing

Jun 22, 2020

AI

An industrial property located at 14746 Raymer Street in Van Nuys has been sold for $7,200,000. The property spans 36,920 square feet, resulting in a price per square foot of $195. The transaction took place on June 22, 2021, with Ryan Lin of CBRE acting as the broker representing both the buyer, Sam Ksachikian, and the seller, Simon Cohen.

Summary of transation details

  • Property Type: Industrial
  • Transaction Amount: $7,200,000
  • Date: 06/22/2021
  • Address: 14746 Raymer Street
  • Market: Van Nuys

Ryan Lin of CBRE played a pivotal role as the broker in this sale. By facilitating the transaction, Lin ensured a successful deal between the buyer, Sam Ksachikian, and the seller, Simon Cohen. With their expertise and negotiation skills, Lin represented the interests of both parties, enabling the smooth transfer of the industrial property.

Players

Ryan Lin

CBRE

Broker

$77M

vol

2 deals

Broker

Van Nuys 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

2.20%

Cash-on-Cash

-0.63%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93