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210 East Adams Avenue

Cody Laswell Purchases Industrial Property At 210 Adams Avenue From Willy Bray For $2.2M
SOLDIndustrial

Cody Laswell Purchases Industrial Property At 210 Adams Avenue From Willy Bray For $2.2M

210 East Adams Avenue

$2,200,000

$366/SF

Building Size

6,000 SF

Asset Type

Industrial

Closing

Sep 20, 2024

AI

The property asset involved in the transaction is an industrial space located at 210 Adams Avenue, Huntington Beach. The sale price was $2,200,000, with a total square footage of 6,000, equating to a price per square foot of $366.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $2,200,000
  • Address: 210 Adams Avenue
  • Market: Huntington Beach
  • Square Footage: 6,000
  • Price per Square Foot: $366
  • Buyer: Cody Laswell
  • Seller: Willy Bray
  • Brokers: Ryan Sharpe & Rod Roberts - Kidder Mathews

The deal was facilitated by brokers Ryan Sharpe and Rod Roberts, both representing the transaction through Kidder Mathews, ensuring a smooth negotiation and closing process for both the buyer and seller.

Players

Ryan Sharpe

Kidder Mathews

Broker

$82.5M

vol

20 deals

Broker

Huntington Beach 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

7.21%

Cash-on-Cash

-2.06%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93