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1620 South Marigold Place

Kalvin Roger Purchases Industrial Asset At 1620 South Marigold Place Ontario For $3.989M
SOLDIndustrial

Kalvin Roger Purchases Industrial Asset At 1620 South Marigold Place Ontario For $3.989M

1620 South Marigold Place

$3,989,000

$313/SF

Building Size

12,746 SF

Asset Type

Industrial

Closing

Oct 21, 2024

AI

The property asset involved in this transaction is an industrial facility located at 1620 South Marigold Place, Ontario. The sale price for this asset was $3,989,000, and it has a total square footage of 12,746, resulting in a price per square foot of $312.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $3,989,000
  • Address: 1620 South Marigold Place
  • Market: Ontario
  • Square Footage: 12,746
  • Price per Square Foot: $312
  • Buyer: Kalvin Roger
  • Seller: Robin Phillip
  • Buyer's Representative: Benjamin Gribnau & Jake Zacuto - Zacuto Group

The deal involved Kalvin Roger as the buyer and Robin Phillip as the seller. The buyer was represented by Benjamin Gribnau and Jake Zacuto from the Zacuto Group, who facilitated the transaction.

Players

Jake Zacuto

Zacuto Group

Broker

$368.6M

vol

59 deals

Broker

Ontario 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

3.98%

Cash-on-Cash

-1.14%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93