Westcore Acquires Industrial Property In Camarillo For $20M
Flynn Ranch Road, Los Angeles, CA 90046
$20,000,000
$170/SF
Building Size
117,342 SF
Asset Type
Industrial
Closing
Jul 28, 2020
AI
Located in Camarillo, the industrial property at 201 Flynn Road has been sold in a recent transaction. The property, spanning 117,342 square feet, was sold by Decker-Goetsch Properties to Westcore, represented by Marc Brutten and Donald H. Ankeny. The sale was facilitated by CBRE. The transaction took place on July 28, 2021, at a sale price of $20,000,000, resulting in a price per square foot of $170.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $20,000,000
- Square Footage: 117,342
- Address: 201 Flynn Road, Camarillo
- Market: Camarillo
Westcore, represented by Marc Brutten and Donald H. Ankeny, acquired the industrial property located at 201 Flynn Road in Camarillo. The property was sold by Decker-Goetsch Properties and the deal was facilitated by CBRE. This transaction represents a significant investment in the Camarillo industrial market.
Players
Los Angeles 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
0.79%
Cash-on-Cash
-0.23%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93