EverWest Real Estate Investors Acquires Industrial Property In Corona For $37M
1560 E 6th St, Corona, CA 92879, USA
$37,000,000
$175/SF
Building Size
210,345 SF
Asset Type
Industrial
Closing
Jun 14, 2020
AI
The industrial property located at 1560 E. 6th St in Corona has been sold for a price of $37,000,000. The property spans a total area of 210,345 square feet, resulting in a price per square foot of $175.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $37,000,000
- Address: 1560 E. 6th St
- Market: Corona
EverWest Real Estate Investors, represented by Erik Good, acquired the property. The brokers involved in the deal were Richard Schwartz, Joey Reaume, and Tommy Gilmore from Colliers International, along with Jim deRegt from Lee & [...].
Players
Corona 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
0.43%
Cash-on-Cash
-0.12%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93