Audra Davis & Josh Ward Of Exeter Group Acquire Industrial Property In San Jose For $18.8M
1970 Senter Road, San Jose, CA, USA
$18,800,000
$141/SF
Building Size
132,721 SF
Asset Type
Industrial
Closing
Jan 26, 2021
AI
A commercial industrial property located at 1970-1984 Senter Road in San Jose has been sold in a recent transaction. The property, spanning 132,721 square feet, was purchased by Audra Davis & Josh Ward of Exeter Group.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $18,800,000
- Market: San Jose
- Date: 01/27/2021
Audra Davis & Josh Ward, representing Exeter Group, acquired the property for a price per square foot of $141. This closed transaction showcases their involvement in the industrial real estate market in San Jose.
Players
San Jose Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.84%
Cash-on-Cash
-0.24%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93