Updated Oct 28, 2024
Crowns Associates Realty Acquires Industrial Property In Huntington Beach For $35.3M
15301 Springdale Street, Huntington Beach, CA, USA
$35,300,000
$288/SF
Building Size
122,280 SF
Asset Type
Industrial
Closing
Jun 7, 2020
About this deal
AI
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $35,300,000
- Address: 15301 Springdale Street, 15461 Springdale Street
- Market: Huntington Beach
- Buyer: Crowns Associates Realty - Mitchell Bloom
- Seller: SARES REGIS Group - Chris Payne
- Brokers: Brad Bierbaum, Gary Stache & Jeff Carr - CBRE
- Square Footage: 122,280
- Price per Square Foot: $288
The industrial sale at 15301 Springdale Street, Huntington Beach, CA, USA in Huntington Beach, California sold for $35.3M in 2020. The building is 122,280 square feet, implying about 288 per square foot on the published price. Jeff Carr, Brad Bierbaum, Gary Stache, Chris Payne appear on the sale alongside CBRE. This page is the Huntington Beach, California file for the 15301 Springdale Street, Huntington Beach, CA, USA industrial sold: pricing, party profiles, and other closed industrial comps from the same Huntington Beach sit in the Market section below. Filter that Huntington Beach industrial set by closing date to see what else sold near 15301 Springdale Street, Huntington Beach, CA, USA around 2020. Published consideration for 15301 Springdale Street, Huntington Beach, CA, USA is $35.3M, dated 2020. Cite this Crowns Associates Realty Acquires Industrial Property In Huntington Beach For $35.3M sale when underwriting similar industrial product around Huntington Beach, California.
Players
Huntington Beach 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
0.45%
Cash-on-Cash
-0.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93