Elijah Rosenberg Purchases Industrial Property From Chris Cordova In Escondido For $1.8M
SOLD
$1,800,000
California
See Similar DealsIndustrial7,007 SF
Sold 02/11/2025
SOLD
Elijah Rosenberg Purchases Industrial Property From Chris Cordova In Escondido For $1.8M
237 East Valley Parkway
See Similar DealsIndustrial7,007 SF
Sold 02/11/2025
Summary
CALIFORNIA
Asset Type:Industrial
Price Per Square Foot:$256
Total Square Footage:7,007 SF
Transaction Type:Sale
The industrial property located at 237 East Valley Parkway in Escondido has been sold for a transaction amount of $1,800,000. The property encompasses a total area of 7,007 square feet, translating to a price per square foot of $256.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $1,800,000
- Address: 237 East Valley Parkway
- Market: Escondido
- Broker: Jake Plewa - Re/Max
- Buyer: Elijah Rosenberg
- Seller: Chris Cordova
Elijah Rosenberg purchased the property from Chris Cordova, with Jake Plewa serving as the broker representing the seller in this closed transaction. The sale highlights the collaboration between the involved parties in the industrial real estate sector.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$96,000.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$6,395.02
Cash-on-Cash Return-1.27%
Monthly Debt Service$8,532.92
Annual Debt Service$102,395.02
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