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
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