Elijah Rosenberg Purchases Industrial Property From Chris Cordova In Escondido For $1.8M
237 East Valley Parkway
$1,800,000
$256/SF
Building Size
7,007 SF
Asset Type
Industrial
Closing
Feb 11, 2025
AI
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.
Players
Escondido 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
8.81%
Cash-on-Cash
-2.52%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93