Greg Kiselyuk Acquires Industrial Property In Van Nuys For $7.1M
15950 Strathern Street
$7,135,000
$274/SF
Building Size
25,980 SF
Asset Type
Industrial
Closing
Mar 13, 2023
AI
The industrial property located at 15950 Strathern Street in Van Nuys has been sold in a transaction. The property spans a total area of 25,980 square feet. The sale price for the property was $7,135,000, resulting in a price per square foot of $275.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $7,135,000
- Address: 15950 Strathern Street, Van Nuys
- Market: Van Nuys
- Buyer: Greg Kiselyuk
- Seller: David Parker
- Brokers: Chris Mckenzie - Lee & Associates; Ryan McKenzie - Kidder Matthews
The deal was facilitated by Chris Mckenzie of Lee & Associates and Ryan McKenzie of Kidder Matthews. They represented the buyer and seller, respectively, in the transaction.
Players
Market 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
2.22%
Cash-on-Cash
-0.64%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93