Partners Capital Inc Acquires Industrial Property In Santa Ana For $9.8M
1609 E Edinger Ave Santa Ana, CA 92705, USA
$9,793,000
$210/SF
Building Size
46,478 SF
Asset Type
Industrial
Closing
Aug 25, 2023
AI
The industrial property located at 1609 East Edinger Avenue in Santa Ana was recently sold. The property spans an area of 46,478 square feet and was sold for a total price of $9,793,000, resulting in a price per square foot of $211.
Summary of transation details
- Property Type: Industrial
- Transaction Amount: $9,793,000
- Address: 1609 East Edinger Avenue
- Market: Santa Ana
The buyers, Ryan Adjnasian, Mark Blumenthal, and Dominic Perlman of Partners Capital Inc, successfully acquired the property. On the selling side, William Yardley was the seller. The transaction was facilitated by Chris Migliori of DAUM, who acted as the broker representing the buyers in the deal.
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
1.62%
Cash-on-Cash
-0.46%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93