Greg Kiselyuk Acquires Industrial Property In Van Nuys For $7.1M
SOLD
$7,135,000
California
See Similar DealsIndustrial25,980 SF
Sold 03/13/2023
SOLD
Greg Kiselyuk Acquires Industrial Property In Van Nuys For $7.1M
15950 Strathern Street
See Similar DealsIndustrial25,980 SF
Sold 03/13/2023
Summary
CALIFORNIA
Asset Type:Industrial
Price Per Square Foot:$274
Total Square Footage:25,980 SF
Transaction Type:Sale
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
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$380,533.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$25,349.16
Cash-on-Cash Return-1.27%
Monthly Debt Service$33,823.54
Annual Debt Service$405,882.48
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