Maxcare Acquires Industrial Property In Santa Ana For $20.4M
2700 S Fairview St, Santa Ana, CA 92704, USA
$20,400,000
$175/SF
Building Size
116,575 SF
Asset Type
Industrial
Closing
Sep 29, 2020
AI
The industrial property located at 2700-2722 S Fairview in Santa Ana has been sold in a closed transaction. The property has a total area of 116,575 square feet and was sold at a price of $20,400,000, resulting in a price per square foot of $174. The buyer of the property is Maxcare, while the seller is Rexford.
Summary of transation details
- Property Type: Industrial
- Transaction Amount: $20,400,000
- Square Footage: 116,575
- Price Per Square Foot: $174
- Address: 2700-2722 S Fairview, Santa Ana
- Market: Santa Ana
Steffan Morris and Byron Foss from JLL represented Maxcare as their buyer's representatives in this transaction.
Players
Santa Ana Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.78%
Cash-on-Cash
-0.22%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93