Andrew Brown Acquires Warehouse In San Jose, CA For $4.9M
SOLD
$4,925,000
California
See Similar DealsIndustrial12,068 SF
Sold 01/12/2022
SOLD
Andrew Brown Acquires Warehouse In San Jose, CA For $4.9M
1650 Old Bayshore Highway, San Jose, California 95112, United States
See Similar DealsIndustrial12,068 SF
Sold 01/12/2022
Summary
CALIFORNIA
Asset Type:Industrial
Price Per Square Foot:$408
Total Square Footage:12,068 SF
Transaction Type:Sale
Located at 1650 Old Bayshore Hwy in San Jose, CA, this warehouse property was recently sold in a transaction that took place on January 12, 2022.
Summary of transaction details
- Property Type: Warehouse
- Transaction Amount: $4,925,000
- Square Footage: 12,068 SF
- Price Per Square Foot: $408
- Address: 1650 Old Bayshore Hwy, San Jose, CA
- Market: San Jose, CA
Andrew Brown acquired the property from Maritza Sanderson in this transaction.
Additional details about the deal and the parties involved are not available in the provided information.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$262,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$17,497.48
Cash-on-Cash Return-1.27%
Monthly Debt Service$23,347.01
Annual Debt Service$280,164.15
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