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1650 Old Bayshore Highway, ...

Updated Dec 19, 2023

Andrew Brown Acquires Warehouse In San Jose, CA For $4.9M
SOLDIndustrial

Andrew Brown Acquires Warehouse In San Jose, CA For $4.9M

1650 Old Bayshore Highway, San Jose, California 95112, United States

$4,925,000

$408/SF

Building Size

12,068 SF

Asset Type

Industrial

Closing

Jan 11, 2022

About this deal

AI

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.

Players

Maritza Sanderson

Seller

$21.5M

vol

4 deals

Seller

San Jose Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

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Deal FAQ

About $408 per square foot on a published $4.9M for 12,068 square feet (2022).

Visit Maritza Sanderson to view all their deals.

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

3.22%

Cash-on-Cash

-0.92%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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