Updated Oct 28, 2024
Ventura Country Railway Co. Acquires Industrial Property In Oxnard, CA For $20M
2001 Sunkist Circle, Oxnard, California 93033, United States
$20,000,000
Building Size
—
Asset Type
Industrial
Closing
Oct 30, 2022
About this deal
AI
The industrial property located at 2001 Sunkist Circle in Oxnard, CA has been sold for $20,000,000. The transaction took place on October 31, 2022. The property is owned by Limoneira, with Harold Edwards representing the seller. Ventura Country Railway Co. has purchased the property.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $20,000,000
- Date: October 31, 2022
- Address: 2001 Sunkist Circle, Oxnard, CA
- Market: Oxnard, CA
- Seller: Limoneira - Harold Edwards
- Buyer: Ventura Country Railway Co.
The sale of this industrial property marks an important transaction in the market. Ventura Country Railway Co. made a significant investment in acquiring this property, which was represented by Harold Edwards from Limoneira. This deal demonstrates the strong demand for industrial assets in Oxnard, CA.
Players
Oxnard Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Deal FAQ
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.79%
Cash-on-Cash
-0.23%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93