SOLDIndustrial
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
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
Players
Huntington Beach Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
Loading comparables…
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