Elion Partners Acquires Industrial Property In San Diego For $11.75M
2465 Ash Street, San Diego, California 92102, United States
$11,750,000
$247/SF
Building Size
47,560 SF
Asset Type
Industrial
Closing
Jan 27, 2022
AI
The industrial property located at 2465 Ash Street in San Diego has been sold for a total price of $11,750,000. The property spans across 47,560 square feet, resulting in a price per square foot of $247. The transaction took place on January 28, 2022.
Summary of transation details
- Property Type: Industrial
- Transaction Amount: $11,750,000
- Address: 2465 Ash Street, San Diego
- Market: San Diego
The buyer, Elion Partners, acquired the property from the seller, Harley Dixson. Greg Pieratt represented Elion Partners as their buyer's representative in the deal. The seller, on the other hand, was represented by Rusty Williams, Chris Roth, and Jake Rubendall from Lee & Associates NSDC.
Players
Vista 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
1.35%
Cash-on-Cash
-0.39%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93