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2824 E 208th St, Carson, CA...

EverWest Real Estate Partners Acquires Industrial Property In Carson For $32M
SOLDIndustrial

EverWest Real Estate Partners Acquires Industrial Property In Carson For $32M

2824 E 208th St, Carson, CA 90810, United States

$32,000,000

$316/SF

Building Size

101,175 SF

Asset Type

Industrial

Closing

May 25, 2023

AI

An industrial property located at 2824 East 208th Street in Carson, CA has been sold. The property encompasses 101,175 square feet and was sold for a price of $32,000,000, resulting in a price per square foot of $316.

Summary of transaction details

The buyer, EverWest Real Estate Partners, was represented by David Schechtman, Abie Kassin, Ikey Betesh, and Michael Schoenbrun from the Meridian Capital Group.

Players

Abie Kassin

Meridian Capital Group

Broker

$1.6B

vol

52 deals

Broker

Los Angeles 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

0.50%

Cash-on-Cash

-0.14%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93