Updated Dec 18, 2023
Andrew Brown Acquires Industrial Property In San Jose For $4.64M
1630 Old Bayshore Highway, San Jose, California 95112, United States
$4,640,000
$355/SF
Building Size
13,038 SF
Asset Type
Industrial
Closing
Jan 11, 2022
About this deal
AI
The industrial property located at 1630 Old Bayshore Hwy in San Jose, CA was recently sold in a closed transaction. The property spans across 13,038 square feet and was sold at a price of $4,640,000, resulting in a price per square foot of $355.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $4,640,000
- Square Footage: 13,038
- Price per Square Foot: $355
- Address: 1630 Old Bayshore Hwy, San Jose, CA
- Market: San Jose, CA
The buyer in this transaction was Andrew Brown, while Maritza Sanderson acted as the seller. Both parties agreed to the terms of the sale, resulting in the successful completion of the deal.
Players
San Jose 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
3.42%
Cash-on-Cash
-0.98%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93