Illiquid Capital LLC Acquires Industrial Property In Inland Empire For $6.825M
243 East Caroline Street, San Bernardino, CA, USA
$6,825,000
$155/SF
Building Size
43,968 SF
Asset Type
Industrial
Closing
Sep 30, 2019
AI
The industrial property located at 243 E Caroline St in the Inland Empire has been sold in a closed transaction. The transaction took place on October 1, 2019.
Summary of Transaction Details
- Property Type: Industrial
- Transaction Amount: $6,825,000
- Square Footage: 43,968
- Price per Square Foot: $155.23
- Address: 243 E Caroline St
- Market: Inland Empire
The buyer of the property is ILLIQUID CAPITAL LLC, while the seller is CCI CLUB SB LLC. The deal was facilitated by brokers Steve Chang, Matt Burnett, and Brandon Beauchemin.
Players
San Bernardino 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
2.32%
Cash-on-Cash
-0.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93