Dunleer Acquires Industrial Property In Santa Ana For $4.7M
2222 West 2nd Street, Santa Ana, California 92703, United States
$4,700,000
Building Size
—
Asset Type
Industrial
Closing
May 5, 2022
AI
Located at 2222 W. 2nd St. in Santa Ana, this industrial property was recently sold for a total of $4,700,000. The property has a total of 20 units, with a per unit price of $235,000. The total square footage of the property is 24,000, with a price per square foot of $195.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $4,700,000
- Units: 20
- Price Per Unit: $235,000
- Square Footage: 24,000
- Price Per Square Foot: $195
The buyer in this transaction was Dunleer, represented by BJ Turner.
Players
Santa Ana 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
3.38%
Cash-on-Cash
-0.96%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93